Jack Mallers’ Twenty One Capital Vows to Buy ‘As Much Bitcoin as Possible’
Twenty One Capital, co-founded by Jack Mallers, debuted on the NYSE with 43,514 BTC and vows to acquire significantly more Bitcoin.Summary
Jack Mallers’ Bitcoin-native company, Twenty One Capital, officially began trading on the New York Stock Exchange (NYSE) under the ticker XXI after a business combination with Cantor Equity Partners. The firm debuted with a treasury of 43,514 BTC, valued at approximately $3.9 billion, instantly making it the world’s third-largest publicly traded Bitcoin holder. Mallers stated the company plans to "buy as much Bitcoin as [they] possibly can," emphasizing that Twenty One will build businesses around BTC, including capital markets advisory and lending models, rather than just holding the asset. The launch, backed by major institutions like Tether and SoftBank, aims to establish Twenty One as a leading institutional BTC holder and a financial ecosystem around the cryptocurrency. Mallers also reaffirmed his belief that Bitcoin's ultimate purpose is to function as money, criticizing traditional financial narratives that obscure the concept of money.
(Source：Bitcoin Magazine)