The partners’ Bitcoin investments will be converted into shares of 21 Capital at $10 per share, effectively valuing Bitcoin at $85,000 per coin
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Vivian Nguyen
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Cantor Fitzgerald to build $3B Bitcoin venture in partnership with SoftBank, Tether, and Bitfinex
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Tether, SoftBank and Bitfinex will convert their Bitcoin investments into shares of 21 Capital, a firm launched by Cantor, priced at $10 each; according to the Financial Times, this implies a valuation of $85,000 per Bitcoin
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