Twenty One Capital Launches as Major Bitcoin-Native Company with $585M Capital Raise

Published at 2025-09-30 14:10:57
Twenty One Capital Launches as Major Bitcoin-Native Company with $585M Capital Raise – cover image

On April 23, 2025, a groundbreaking announcement shook the crypto world: Twenty One Capital, Inc., a Bitcoin-native company, was formed through a business combination involving Tether, SoftBank Group, Jack Mallers, and Cantor Equity Partners, Inc. This new entity is set to list on Nasdaq under the ticker symbol "XXI" after closing.

With a pro-forma enterprise value of $3.6 billion (based on Bitcoin pricing as of April 21, 2025), Twenty One Capital has secured $585 million in capital—$385 million via convertible senior secured notes and $200 million through common equity PIPE financing. The company launches with an impressive Bitcoin holding exceeding 42,000 BTC, positioning it as the third-largest Bitcoin treasury worldwide.

Led by CEO Jack Mallers, a prominent advocate for Bitcoin adoption, Twenty One Capital plans to deploy raised funds to acquire additional Bitcoin and support its operational needs.

For crypto enthusiasts and investors looking for innovative ways to engage with Bitcoin investments, platforms like Bitlet.app offer unique solutions. Bitlet.app provides a Crypto Installment service allowing users to buy cryptocurrencies now and pay monthly instead of upfront, making Bitcoin acquisition more accessible.

As Twenty One Capital awaits shareholder approval and customary closing conditions, its launch marks a significant milestone in institutional Bitcoin adoption, promising a new era for digital asset investors worldwide.

BitcoinBitlet.appCryptocurrencyTetherInvestmentSoftBankJack Mallers
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