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+0.0%Twenty One Capital reports $1.087 billion Q3 net income on Bitcoin gains
Image: The BlockTwenty One Capital reported third-quarter net income of $1.087 billion, almost entirely from a $1.093 billion fair-value gain on its Bitcoin holdings. The company held 43,514 BTC as of September 30, 2026, valued at about $83,700 per BTC. It reported a $186.5 million net loss for the first nine months of 2026 and had $486.5 million in convertible notes outstanding. CEO Rapha Zagury said gains from owned assets are not the same as operating earnings.
Key points
- The company held 43,514 BTC as of September 30, 2026, valued at roughly $83,700 per BTC.
- It reported a $186.5 million net loss for the first nine months of 2026.
- Twenty One Capital had $486.5 million in convertible notes outstanding.
- CEO Rapha Zagury said gains from owned assets are not the same as operating earnings.
Why it matters
The quarter's profit came almost entirely from a $1.093 billion fair-value gain on Bitcoin holdings. The company also reported a $186.5 million net loss for the first nine months of 2026.
Price context · BTC
At publication
$68,230.00
Now
$68,158.00
Change since
−0.11%
7 days · dashed line = publication
Sources · 3 publishers
The Block
Tier 1
Tether-backed Twenty One Capital reports $1.09 billion Q3 net income on bitcoin gains
Bitcoin.com News
Tier 2
Twenty One Capital’s Bitcoin Gains Fuel First Profitable Quarter at $1.09B
Coverage timeline
- First reported by Crypto Briefing
- Also reported by The Block
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
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