Jack Mallers’ Twenty One Capital has just made a bold statement in the Bitcoin space, acquiring 4,812 BTC worth $458.7 million as institutional interest in crypto continues to grow. The report shared on X by Whale Insider— signals a new key player in the Bitcoin institutional adoption game.
This purchase comes at a time when Bitcoin-backed financial products are gaining traction, especially as Strike—Mallers’ other venture—prepares to roll out its own BTC lending platform.
Twenty One Capital’s aggressive Bitcoin accumulation mirrors a growing trend among institutional investors recognizing BTC as a strategic reserve asset. With firms like MicroStrategy, Metaplanet, and Cantor Fitzgerald expanding their Bitcoin holdings, the movement toward corporate BTC adoption continues to grow.
Twenty One Capital, founded by Jack Mallers, is coming up as a major institutional force in Bitcoin finance. Backed by financial giants like Cantor Fitzgerald, Tether, and SoftBank, the firm is positioning itself as a leading Bitcoin acquisition and investment entity.
At launch, Twenty One Capital already held an impressive 42,000 BTC—around $4.3 billion. While it is hard to compare the company’s holdings to those of likes of Strategy and Metaplanet, it’s safe to assume that Twenty One Capital is already ranking as one of the largest BTC holdings by a company.
Twenty One operates as a private financial entity, meaning that its financials and operations aren’t subject to the same public disclosure requirements.
As for Bitcoin, the digital asset is now as close as it gets to a new ATH—trading around $2,000 below that record-breaking margin. BTC is currently trading at $104,597 on CoinMarketCap, up by 2% over the last 24 hours.
