
**$50 Million per BTC: Tether, Softbank Crypto Venture Founder Shares Calculation**
In a recent interview, the founder of Tether and Softbank’s crypto venture, Jack Mallers, revealed the math behind his company’s ambitious goal to make Bitcoin (BTC) worth $50 million.
As part of the calculation, Mallers explained that the focus is not on the familiar “USD per share” metric but rather on the “BTC per share” one. This approach allows institutions to invest in Bitcoin without having to physically own it.
To achieve this lofty goal, Twenty One, as the venture is called, will be focusing on institutional investment and liquidity management tools. By simplifying the process of buying and selling Bitcoin, the company aims to make it easier for large-scale investors to get involved in the market.
Mallers also emphasized that his team’s approach is designed to create a new paradigm where institutions can invest in Bitcoin without the need to hold physical tokens. This could potentially lead to a significant increase in the cryptocurrency’s value.
The calculation behind Twenty One’s ambitious goal is based on the idea of making it easier for institutional investors to participate in the market, thus creating increased demand and driving up the price of BTC.
In conclusion, Twenty One’s innovative approach may well be a game-changer for Bitcoin. By simplifying the process of investing in the cryptocurrency, institutions may be more likely to get involved, leading to an increase in value.
**Original Article Text**
$50 Million per BTC: Tether, Softbank Crypto Venture Founder Shares Calculation
Jack Mallers, the founder of Tether and Softbank’s crypto venture, unveiled the math behind his company’s ambitious goal to make Bitcoin (BTC) worth $50 million.
Source: https://u.today/50-million-per-btc-tether-softbank-crypto-venture-founder-shares-calculation