Twenty One Capital, backed by Tether, is set to go public with ambitious plans for Bitcoin accumulation.
Company's Bitcoin Accumulation Plan
CEO Pete Mallers revealed that once approved, the firm will aggressively use its operational cash flow—not debt—to buy BTC. The strategy, he says, is designed to maximize long-term value and increase Bitcoin per share for investors.
Development of Bitcoin-Native Financial Products
The company plans to develop Bitcoin-native financial products, such as lending and capital market tools, to gradually replace legacy financial infrastructure. The broader mission is to reshape corporate finance around Bitcoin.
Confidence in the Future of the Crypto Market
Despite navigating regulatory hurdles with the SEC, Mallers remains confident in the new administration’s crypto stance and sees the upcoming listing as a milestone in corporate Bitcoin adoption.
As it approaches its IPO, Twenty One Capital looks poised to leverage its financial position for long-term Bitcoin accumulation, potentially impacting the market and corporate finance.