Tether-Controlled Twenty One Capital Holds Firm on $2.8B Bitcoin Treasury
Twenty One Capital has retained its entire holdings of 43,514 Bitcoin, valued at $2.8 billion, in its NYSE position controlled by Tether and Bitfinex.
The company's decision to hold onto the cryptocurrency comes as the price of BTC trades at $63,663.29, showing bearish momentum on the 4-hour chart.
According to technical analysis, the MACD death cross is confirmed at -245.47, and the RSI stays neutral ahead of any potential rebound attempt.