Crypto
Inside Twenty One Capital’s BTC Mission
Twenty One Capital isn’t just buying Bitcoin—it’s building the future of finance. With bold acquisitions and backing from Tether and SoftBank, the firm is shaping a new era where BTC becomes part of everyday financial life.
TL;DR
- Twenty One Capital is a new Bitcoin-focused public company with major partners like Tether, SoftBank, and Bitfinex.
- In May 2025, it acquired 4,812 BTC for $458.7M, later boosting reserves to over 42,000 BTC after merging with Cantor Equity Partners.
- Funded by $1.5B from Tether, $900M from SoftBank, and $600M from Bitfinex, with additional capital raised through bonds and equity.
- Also invests in Bitcoin-native startups, including custody solutions and decentralized finance platforms.
- Introduced new performance metrics: Bitcoin Per Share (BPS) and Bitcoin Return Rate (BRR) to assess growth in BTC terms.
- Led by Jack Mallers, CEO of Strike and a committed Bitcoin maximalist.
- Positions Bitcoin as a hedge against economic instability and a pillar of the future financial system.
- Aims to bridge digital assets with traditional finance, making Bitcoin more accessible and integrated into daily life.
Table of Contents
- 1. How is Twenty One Capital changing the Bitcoin ecosystem?
- 2. Why is Twenty One Capital buying Bitcoin?
- 3. Who is Funding Twenty One Capital?
- 4. Supporting innovation and startups
- 5. Why do Bitcoin metrics matter?
- 6. Who is behind Twenty One Capital?
- 7. Macroeconomics and Bitcoin
- 8. What does this mean for all of us?
How is Twenty One Capital changing the Bitcoin ecosystem?
Twenty One Capital is a relatively new company but has already garnered significant attention. It is a public entity entirely focused on Bitcoin, attracting heavyweight partners such as Tether, SoftBank, and Bitfinex. Its core mission isn't just to invest in Bitcoin but to integrate it into everyday life and traditional financial instruments.
Why is Twenty One Capital buying Bitcoin?
The company’s primary strategy is Bitcoin accumulation. In May 2025, Twenty One Capital acquired 4,812 bitcoins worth an impressive $458.7 million. This purchase wasn't random—it was part of a broader plan to build one of the world’s largest corporate Bitcoin treasuries.
Following its merger with Cantor Equity Partners, another 31,500 BTC was added to its holdings, pushing the total above 42,000 bitcoins. This considerable reserve places Twenty One Capital alongside industry giants like MicroStrategy and Marathon Digital.
Who is Funding Twenty One Capital?
The firm has secured backing from major investors who not only believe in its vision but have also contributed massive Bitcoin-denominated investments:
- Tether invested $1.5 billion, becoming the largest shareholder.
- SoftBank contributed $900 million.
- Bitfinex added another $600 million, reinforcing a strategic partnership.
In addition, the company is actively raising further capital through bond and equity offerings to continue expanding its Bitcoin reserves.
Supporting innovation and startups
Bitcoin accumulation isn’t Twenty One Capital’s only goal. The firm is also investing in early-stage startups building financial services around the Bitcoin Ecosystem.
These include projects focused on secure Bitcoin custody, decentralized lending, and other technologies aimed at integrating Bitcoin into the traditional financial system. Through these efforts, Twenty One Capital isn’t just storing Bitcoin—it’s helping make it practical and beneficial for everyday use.
Why do Bitcoin metrics matter?
Twenty One Capital has introduced new metrics to help the market better assess its performance:
- Bitcoin Per Share (BPS) — how much Bitcoin backs each share of the company.
- Bitcoin Return Rate (BRR) — how quickly the amount of Bitcoin per share is growing.
These indicators help investors understand the company’s value in terms of Bitcoin rather than traditional fiat currencies. This approach resonates with those who see Bitcoin not just as an asset but as a legitimate monetary unit.
Who is behind Twenty One Capital?
At the helm is young and ambitious entrepreneur Jack Mallers. He is the founder and CEO of Strike, a digital payments platform using the Lightning Network for fast Bitcoin transactions. His reputation and forward-thinking mindset are key assets driving the company’s bold initiatives.
Jack Mallers is a prominent Bitcoin maximalist. His actions, public statements, and business ventures consistently reflect a deep commitment to Bitcoin as the only true digital currency.
Macroeconomics and Bitcoin
The global economy is facing serious challenges: the U.S. debt has surpassed $36 trillion, inflation is a growing threat, and the financial system is under strain. In this environment, Bitcoin is increasingly viewed as a safe and stable asset.
Bitcoin is increasingly viewed as a safe and stable asset. This view is further supported by the growing strength of the Bitcoin ecosystem in 2025 — with record ETF inflows and rapid adoption of layers like Lightning, Stacks, Ordinals, and Runes.
Twenty One Capital believes Bitcoin can play a crucial role in the new financial paradigm. Through its operations, the firm aims to attract institutional interest and prove that Bitcoin isn’t a fleeting trend—it’s the future of finance.
What does this mean for all of us?
Twenty One Capital’s actions demonstrate a genuine belief in Bitcoin’s potential. The company isn’t just hoarding digital coins; it’s building infrastructure to bring them into everyday life. Companies like Twenty One Capital may be the bridge connecting digital assets with traditional finance, reshaping the world as we know it.