Twenty One Capital Increases Bitcoin Holdings to 43,500 BTC Ahead of Listing

Twenty One Capital, backed by Cantor Fitzgerald, Tether, Bitfinex, and SoftBank, has increased its Bitcoin holdings to over 43,500 BTC, making it the third-largest corporate Bitcoin holder globally. The firm recently acquired approximately 5,800 BTC from Tether, surpassing its initial target by about 1,500 BTC, with holdings valued at around $5.1 billion. Ahead of its planned public listing via a merger with Cantor Equity Partners, Twenty One Capital will offer investors transparency through a Bitcoin Per Share (BPS) metric, representing Bitcoin backing per share, expected at approximately 12,559 satoshis each. The company emphasizes pure Bitcoin exposure without legacy liabilities and plans to custody all Bitcoin transparently with real-time Proof of Reserves available on-chain. CEO Jack Mallers highlighted the firm's mission to build a new financial system rooted in Bitcoin ethos rather than competing with existing structures. This move reflects a broader trend of institutional accumulation of Bitcoin by publicly traded firms, signaling growing confidence in Bitcoin's long-term value.