Twenty One Capital is planning to list and has newly secured 5,800 Bit. As a result, its Bit holdings have exceeded 43,500. Twenty One Capital has become one of the companies with a large Bit reserve.
Twenty One plans to introduce the 'Bit per Share (BPS)' indicator to track direct performance from Bit.
Twenty One, New Bit Purchase
Jack Mallers, CEO of Strike and Lightning developer, is a Bit maximalist. He is recently taking his business to the next level.
In the global trend and flow of corporate crypto investment, Twenty One Capital revealed an ambitious goal. On the 29th (local time), Twenty One Capital announced that it received 5,800 Bit from Tether. The total holdings have exceeded 43,500.
Twenty One Capital plans to go public soon, with Tether being one of its largest shareholders. Other major sponsors include Bitfinex, SoftBank, and Cantor Fitzgerald.
The company plans to start trading with the ticker symbol 'XXI' and will introduce a performance indicator called Bit per Share (BPS) to track performance denominated in Bit.
The company anticipates that Bit will help its future growth potential.
"We believe Bit deserves a public company that matches its spirit. With the partners, capital, team, and structure we've assembled, we feel we can do anything, and this is just the beginning. We're not here to beat the existing system, but to build a new one." โ
Jack Mallers, Co-founder and CEO of Twenty One
Twenty One is a major Bit investor this year, receiving investment from large venture capital (VC) in the second quarter of 2025.
Although its holdings are smaller compared to MicroStrategy, the company has proven major market movements in recent months.
Twenty One has already become the third-largest Bit-holding company. Its ranking is likely to rise further. Twenty One purchased Bit at an average of $87,280.
Bit Treasury has not yet reflected Twenty One's recent holdings on its website, but it is expected to be almost similar to Mara Holdings' holdings.
Additionally, the BPS indicator is expected to help companies using Bit as a financial asset.
It can be a useful tool for investors to evaluate companies with indirect Bit exposure, as the performance of companies like MicroStrategy can be irregular.
