Twenty One Capital's Bitcoin Holdings Surge with Tether's Support
Twenty One Capital is set to become a public company, receiving a substantial boost with 5,800 bitcoins from Tether. This influx increases their total holdings to over 43,500 BTC, establishing the firm as one of the leading corporate Bitcoin treasuries.
The company also plans to introduce a pioneering “Bitcoin Per Share” (BPS) metric to provide direct tracking of Bitcoin-denominated performance.
Twenty One’s Latest Bitcoin Acquisition
Jack Mallers, CEO of Strike, is expanding his Bitcoin commitment with Twenty One Capital. The company's ambitious objectives are emerging amid a growing trend of corporate crypto investments.
Twenty One Capital recently announced the addition of 5,800 BTC from Tether, bringing their total to over 43,500 BTC. Tether is a major shareholder as Twenty One Capital prepares to go public.
Other notable backers include Bitfinex, SoftBank, and Cantor Fitzgerald.
Trading under the ticker symbol “XXI,” Twenty One Capital will use the Bitcoin Per Share (BPS) metric to monitor Bitcoin-denominated performance, leveraging these bitcoins for future growth.
“We believe Bitcoin deserves a public company worthy of its ethos. With the partners, capital, team, and structure we’ve assembled, we feel like we can do anything, and we’re just getting started. We’re not here to beat the existing system, we’re here to build a new one,” said Jack Mallers, Co-Founder and CEO of Twenty One.
Since its inception, Twenty One has significantly invested in Bitcoin, securing substantial VC funding during Q2 2025.
While its holdings remain smaller than those of MicroStrategy, Twenty One has already influenced market dynamics.
Currently the third-largest corporate Bitcoin treasury, Twenty One is nearing the next rank, having acquired Bitcoin at an average of $87,280.37 per unit.
While corporate treasury trackers haven’t yet reflected Tether’s recent contribution, Twenty One’s 43,500 BTC stockpile rivals that of MARA Holding’s.
The introduction of the BPS metric may help Twenty One mitigate some challenges associated with corporate Bitcoin investments, offering investors another avenue for indirect exposure to BTC, especially given the volatile price performance of firms like MicroStrategy compared to Bitcoin.
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