Key Takeaways
- Twenty One Capital added 4,812 BTC, now holding over 36,000 BTC.
- The agency is backed by Tether, Bitfinex, and SoftBank, and led by Jack Mallers.
- Its technique is modeled after Michael Saylor’s company Bitcoin accumulation playbook.
Twenty One Capital has vaulted into the highlight after buying 4,812 Bitcoin, valued at $458.7 million, turning into the third-largest company holder of Bitcoin globally.
The agency now holds over 36,000 BTC.
Particulars of the acquisition
The acquisition, made by stablecoin issuer Tether on behalf of Twenty One Capital, was disclosed in a Could 13 submitting with the U.S. Securities and Alternate Fee.
The Bitcoin was acquired on Could 9 at a median worth of $95,319.
Firm background & management
Twenty One Capital launched in April 2025 by means of a SPAC merger with Cantor Fairness Companions, and is backed by Tether, Bitfinex, and Japanese funding powerhouse SoftBank.
The corporate is led by Jack Mallers, the founding father of Bitcoin funds app Strike.
Mallers mentioned:
We wish to be the final word car for the capital markets to take part in Bitcoin. We’re a Bitcoin enterprise at our core.
Preliminary holdings & future targets
At launch, the corporate held 31,500 BTC, contributed by Tether (23,950 BTC), SoftBank (10,500 BTC), and Bitfinex (7,000 BTC), with all contributions convertible to fairness at $10 per share.
Mallers mentioned the agency’s objective is to succeed in not less than 42,000 BTC.
Strategic strategy
Modeling its technique on Michael Saylor’s strategy, Twenty One Capital makes use of “bitcoin per share” as a core metric and intends to boost capital to repeatedly develop its holdings.
Mallers emphasised:
We’ll by no means have bitcoin per share detrimental.