In a significant move that underscores growing institutional Bitcoin adoption, Twenty One Capital, led by CEO Jack Mallers, has acquired 4,812.2 Bitcoin worth $458.7 million through a strategic partnership with Tether. This acquisition, following the broader trend of corporate Bitcoin accumulation in 2025, positions Twenty One Capital among the largest institutional Bitcoin holders globally.
Strategic Bitcoin Acquisition Details
According to an SEC filing by Cantor Equity Partners, Inc., the transaction was executed as part of a Business Combination Agreement, with Tether facilitating the purchase. The deal structure includes:
- Total acquisition: 4,812.2 BTC
- Purchase value: $458.7 million
- Execution timeframe: Within 10 business days
- Holdback amount: $52 million
Transparency and Verification
In a move towards greater transparency, Tether has made the Bitcoin holdings publicly viewable through a digital wallet, following the precedent set by spot Bitcoin ETF issuers and other public corporations. This approach aligns with growing institutional standards for Bitcoin custody and transparency.
Twenty One Capital’s Bitcoin Strategy
Jack Mallers has outlined an aggressive Bitcoin acquisition strategy, emphasizing that Twenty One Capital will:
- Target maximum capital raising for Bitcoin acquisition
- Maintain positive Bitcoin-per-share metrics
- Focus on shareholder wealth creation in Bitcoin terms
- Launch with over 42,000 Bitcoin holdings
Market Impact and Future Outlook
This acquisition represents a significant milestone in corporate Bitcoin adoption, as Twenty One Capital positions itself to become one of the largest institutional Bitcoin holders globally. The company’s planned public listing under ticker $XXI could provide investors with a new vehicle for Bitcoin exposure through traditional markets.
FAQ Section
How much Bitcoin does Twenty One Capital plan to hold?
The company plans to launch with over 42,000 Bitcoin, making it one of the largest corporate holders globally.
When will Twenty One Capital go public?
The company plans to list under the ticker $XXI, with the exact timing pending completion of its merger with Cantor Equity Partners.
How can investors participate in Twenty One Capital’s Bitcoin strategy?
Once public, investors can gain exposure through purchasing shares of Twenty One Capital ($XXI) on traditional stock exchanges.
