Cantor Fitzgerald-Backed Twenty One Capital Increases Bitcoin Holdings Significantly
The Cantor Fitzgerald-backed investment firm Twenty One Capital has substantially expanded its Bitcoin treasury beyond its initial acquisition target, highlighting the continuing institutional interest in the cryptocurrency. According to Bloomberg reporting, the New York-based firm has acquired approximately 5,800 BTC from stablecoin issuer Tether, increasing its holdings.
Currently estimated to hold at least 43,500 BTC, Twenty One Capital’s treasury represents roughly $5.13 billion in market value—a significant increase from their initial allocation. CEO Jack Mallers, who leads the firm alongside Cantor Fitzgerald, Tether, and SoftBank, continues to champion Bitcoin’s role in reshaping corporate treasury management.
Twenty One Capital, set to merge with special purpose acquisition company (SPAC) Cantor Equity Partners, maintains strong backing from the crypto ecosystem. Its planned merger represents another milestone in the evolution of Bitcoin’s institutional adoption.
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Twenty One Capital is part of a growing cohort of firms accumulating Bitcoin following Michael Saylor’s MicroStrategy adoption. Unlike competitors who’ve leveraged debt funding, Twenty One Capital maintains a direct accumulation strategy. This approach has positioned them competitively with major Bitcoin miners including MARA Holdings, which holds approximately 50,000 BTC.
This institutional accumulation trend reflects a growing institutional “hodl strategy,” where companies retain mined Bitcoin rather than converting it through spot market sales. Beyond cryptocurrency-focused firms, numerous traditional companies including Japanese manufacturer Kitabo and medical device company Semler Scientific have recently announced Bitcoin treasury initiatives.
Evidence continues to emerge about the accelerating pace of institutional Bitcoin accumulation. In June, Tether transferred approximately 37,229.69 BTC to Twenty One Capital addresses as part of their initial commitment.
