Twenty One Capital: Jack Mallers’ Bitcoin Firm Eyes Wall Street Shakeup

What is Twenty One Capital?

Twenty One Capital is a new kind of investment company focused entirely on Bitcoin. Founded by Bitcoin advocate Jack Mallers, the company has one goal: to become the top vehicle for investors to gain exposure to Bitcoin through the traditional capital markets. Unlike traditional firms that mix various assets, Twenty One Capital is laser-focused on acquiring and holding Bitcoin.

By combining the power of blockchain and the transparency of public markets, Twenty One Capital positions itself as the next-generation Bitcoin treasury. It’s not just another crypto firm, it’s built for long-term Bitcoin growth.

Why the Name “Twenty One Capital”?

The name "Twenty One" reflects the 21 million Bitcoin cap, the maximum supply that can ever exist. This limit makes Bitcoin scarce, like gold. By naming the company Twenty One Capital, Mallers emphasizes their commitment to the fixed-supply digital asset and reinforces their identity as a pure Bitcoin business.

A Massive Bitcoin Purchase Backed by Tether

In one of the most talked-about moves of 2025, Twenty One Capital, in partnership with Tether, purchased 4,812.2 Bitcoin for $458.7 million. This acquisition was revealed in a recent SEC filing through Cantor Equity Partners, Inc., a company currently trading under the ticker CEP.

This strategic purchase wasn’t just a one-time event. It marks the beginning of a bold long-term plan. According to filings, the Bitcoin was placed in a digital wallet operated by or on behalf of Tether, making the holdings fully transparent and viewable online. This mirrors how other major Bitcoin holders, like Bitwise and Metaplanet, showcase their crypto reserves to the public.

Jack Mallers stated:

“We do intend to raise as much capital as we possibly can to acquire Bitcoin… Our intent is to make sure when you are a shareholder of Twenty One that you are getting wealthier in Bitcoin terms.”

With this mindset, the company aims to never let Bitcoin per share go negative, essentially ensuring every share always represents growing Bitcoin value.

Twenty One Capital Stock and Ticker Details

As of now, Twenty One Capital stock is not publicly trading under its own name, but it’s in the process of merging with Cantor Equity Partners. Once finalized, the stock will trade under the ticker symbol $XXI.

The upcoming Twenty One Capital stock ticker, $XXI, is expected to become a key watchlist item for Bitcoin enthusiasts and retail investors. With plans to take the company public soon, many are already eyeing the ticker as the next big Bitcoin-backed equity on the market.

A Giant in the Making: Over 42,000 Bitcoin at Launch

Once the company fully launches and completes its merger, Twenty One Capital will hold over 42,000 Bitcoin. This staggering figure makes it one of the largest corporate holders of Bitcoin worldwide, trailing only giants like MicroStrategy.

This isn’t just about owning a lot of Bitcoin. It’s about building a public financial structure that allows everyday investors to benefit from Bitcoin’s growth, without needing to manage wallets, private keys, or exchanges.

How Twenty One Capital Stands Out

Pure Bitcoin Focus

Most funds or financial firms diversify. They own Bitcoin, stocks, bonds, real estate. Twenty One Capital is different. It only focuses on Bitcoin. That makes it easy to understand and ideal for those who believe in Bitcoin’s long-term value.

Public Transparency

By working with Tether and using viewable Bitcoin wallets, the company allows investors to track its holdings in real time. This is a huge trust signal in the world of crypto, where lack of transparency often leads to fear and speculation.

Leadership by Jack Mallers

Known for founding Strike, a Bitcoin payment platform, Jack Mallers is a highly respected figure in the crypto space. His mission is clear:

“We want to be the ultimate vehicle for the capital markets to participate in Bitcoin…building on top of Bitcoin.”

His vision for Twenty One Capital is not just about making money, it’s about building the future of finance.

The Role of Tether in the Deal

Tether, the issuer of the USDT stablecoin, played a crucial role in funding the initial Bitcoin purchase. In the Convertible Notes PIPE agreement, Tether committed to buying the Bitcoin and holding it in a secure wallet until the final deal closes. Later, the Bitcoin will be sold to Pubco, the new combined entity after the merger, for the same $458.7 million.

This partnership shows strong support from major players in the crypto industry and signals confidence in Twenty One Capital’s mission.

What Investors Should Watch

Here are key points investors in the U.S. should monitor:

Twenty One Capital stock will soon trade under $XXI.
Watch for updates on the merger completion with Cantor Equity Partners.
Keep an eye on Bitcoin per share (BTC/share) ratio. Jack Mallers is focused on keeping this metric strong.
Follow Tether’s wallet transparency reports to verify holdings.

Risks and Considerations

Every investment carries risks. For Twenty One Capital, these include:

Bitcoin Price Volatility: Bitcoin prices can swing widely. If Bitcoin crashes, so does the stock value.
Regulatory Uncertainty: The crypto space is under constant review by U.S. regulators. Changes in policy could impact the company’s future.
Limited Asset Diversification: Being 100% Bitcoin-focused is powerful, but it also means all eggs are in one basket.

Still, for those who believe in Bitcoin’s future, Twenty One Capital stock offers a cleaner, simpler way to invest.

FAQs

Q1. What is Twenty One Capital?

It’s a Bitcoin-focused investment company founded by Jack Mallers. It aims to give public investors direct exposure to Bitcoin through traditional stock markets.

Q2. Is Twenty One Capital stock available now?

Not yet. It is in the process of merging with Cantor Equity Partners and will trade under the ticker $XXI soon.

Q3. How much Bitcoin does Twenty One Capital own?

At launch, it will hold over 42,000 Bitcoin, making it one of the largest corporate Bitcoin holders in the world.

Q4. What is the Twenty One Capital stock ticker?

The expected stock ticker is $XXI, once the merger completes.

Final Thoughts

Twenty One Capital isn’t just another crypto company, it’s a Bitcoin-first investment vehicle built with Wall Street access in mind. Through strategic partnerships, bold acquisitions like the $458.7 million Bitcoin purchase, and a plan to go public under the ticker $XXI, Jack Mallers is creating something groundbreaking.

This is more than a stock. It’s a bold step toward mainstream Bitcoin exposure through the traditional finance world. Whether you're a Bitcoin believer or just looking for the next big stock to watch, keep your eye on twenty one capital.

For the latest update on Bitcoin's price dip, Bitcoin falls below $80,000 for the first time since November.