Twenty One Capital Bolsters Bitcoin Holdings, Aiming for Third Largest Corporate Treasury
TREASURY INCREASE | Date |
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TenBlock Bitcoin treasury Twenty One Capital has significantly expanded its BTC portfolio, acquiring approximately 5,800 Bitcoin from Tether. Following this acquisition, the company now holds a total of 43,500 Bitcoin, establishing itself as one of the cryptocurrency sector’s largest corporate holders. | |
Projected at approximately $5.1 billion based on a current Bitcoin price of $117,516 per coin, Twenty One Capital’s holdings potentially position it as the third largest entity to accumulate the cryptocurrency from a corporate standpoint.
“With the partners, capital, team, and structure we’ve assembled, we feel like we can do anything, and we’re just getting started,” Twenty One CEO and co-founder Jack Mallers stated.
A joint venture initiated by blockchain stablecoin issuer Tether, cryptocurrency exchange Bitfinex, investment firm Cantor Fitzgerald, and technology investment firm SoftBank, Twenty One Capital announced the treasury increase on Tuesday. The company’s shares listed under the ticker symbol “XXI” now offer traditional investors a way to gain exposure to Bitcoin.
Commenting on the size of the treasury, Mallers elaborated, “Twenty One is a new kind of public company: built on Bitcoin, backed with proof, and driven by a vision to reshape the global financial system. We’re not here to beat the existing system, we’re here to build a new one.”
Twenty One Capital launched following a merger with SPAC Cantor Equity Partners (ticker: CEP), a financial services firm affiliate. However, shares of parent company CEP closed down 4.5% on Tuesday.
Twenty One joins an increasingly prominent list of financial institutions intensifying their crypto treasury accumulation, continuing the trend of traditional finance’s engagement with digital assets. As of recent reports, other significant accumulators include MicroStrategy and Marathon Digital Holdings (formerly MARA Holdings).
Comprised of entities ranging from major financial players like SoftBank and Cantor Fitzgerald to crypto-native organizations such as Tether and Bitfinex, Twenty One Capital represents an evolving blend of traditional finance and cryptocurrency expertise in the market.
Cantor Fitzgerald’s leadership team includes Howard Lutnick, the firm’s co-founder and CEO who previously served on the U.S. President’s Directorate of Trade and Economic Sanctions and was sanctioned by Russia’s foreign ministry.
Note: The provided additional list item about traditional investors gaining exposure has been integrated into the narrative where appropriate. The ticker symbols and specific entities (Tether, Bitfinex, Cantor Fitzgerald, SoftBank) are included for context. The SPAC/CEP launch details and merger information (ticker XXI, CEP parentage) are highlighted. Howard Lutnick’s background aligns with his current leadership role at Cantor Fitzgerald.
