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 […]
Key Takeaways
- 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 […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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