Twenty One Capital Made $1 Billion in Bitcoin Profit. 60% is Already Gone
Twenty One Capital reported a $1.087 billion third-quarter profit on Friday. The money came from Bitcoin (BTC) rising in value, and about 60% of it has already disappeared. Bitcoin has fallen since the quarter closed on Sept. 30. The Texas firm’s coins are now worth about $700 million less than it paid. Where Did Twenty The post Twenty One Capital Made $1 Billion in Bitcoin Profit. 60% is Already Gone appeared first on BeInCrypto.
Key Takeaways
- Twenty One Capital reported a $1.087 billion third-quarter profit on Friday.
- The money came from Bitcoin (BTC) rising in value, and about 60% of it has already disappeared.
- Bitcoin has fallen since the quarter closed on Sept.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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