---
title: "BREAKING: Cantor Fitzgerald, SoftBank, Tether, and Bitfinex are pooling $3 billion to create 21 Capital, a Bitcoin investment firm."
description: "The initiative mirrors Strategy's Bitcoin plan, with contributions from Tether ($1.5 billion), SoftBank ($900 million), and Bitfinex ($600 million).\n\nBrandon Lutnick, current chair and CEO of Cantor Fitzgerald and son of former CEO Howard Lutnick, is at the helm of this venture. The initiative will utilize funds from Cantor Equity Partners, a special purpose acquisition company (SPAC) that raised $200 million earlier this year.\n\nThe investment contributions to 21 Capital are substantial, with Tether expected to provide $1.5 billion in Bitcoin. SoftBank will contribute $900 million, while Bitfinex plans to supply $600 million worth of the crypto.\n\nThis collaboration aims to mirror the investment approach pioneered by Michael Saylor's Strategy, which has seen significant success in the Bitcoin market🔥\n\nThe report highlights that the Bitcoin holdings from these companies will eventually be converted into shares of 21 Capital, valued at $10 per share, suggesting a valuation of $85,000 per Bitcoin. Additionally, Cantor's vehicle plans to raise $350 million through a convertible bond and an additional $200 million via private equity placements for further Bitcoin acquisitions.\n\nThe Financial Times notes that an official announcement regarding this venture is expected in the coming weeks, although details may still be subject to changes or cancellation. \n\nSource: The Bitcoin Historian @pete_rizzo_"
---

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# [BREAKING: Cantor Fitzgerald, SoftBank, Tether, and Bitfinex are pooling $3 billion to create 21 Capital, a Bitcoin investment firm.](https://blog.syzgroup.com/syz-the-moment/breaking-cantor-fitzgerald-softbank-tether-and-bitfinex-are-pooling-3-billion-to-create-21-capital)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Apr 24, 2025, 9:42:48 AM

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