Twenty One Capital’s Bitcoin Gains Fuel First Profitable Quarter at $1.09B

Tether-backed Twenty One Capital reported $1.087 billion in third-quarter net income, largely driven by unrealized gains on its bitcoin holdings.   Twenty One Capital Shares Slide Despite Billion-Dollar Profit Twenty One Capital reported net income of $1.087 billion for the third quarter ended Sept. 30, a swing of more than $1 billion into profitability largely […]