Jack Mallers, CEO of Twenty One, shared plans for the company's market debut in 2025 and discussed strategies for increasing Bitcoin assets.
Plans for Twenty One IPO
Jack Mallers announced that the company expects to conduct an initial public offering (IPO) in the third quarter of 2025. This event will take place following an examination by the US Securities and Exchange Commission (SEC).
Strategy for Increasing BTC Holdings
Mallers noted that at the time of the IPO, the company will hold over 43,000 Bitcoins and over $5 billion in assets. He emphasized that the company's strategy is not just to hold Bitcoin but also to develop BTC-based products. According to Mallers, the company is expected to become the third-largest institutional holder of Bitcoin in the world, behind MicroStrategy and Marathon Digital.
Price Predictions and Opinions on Bitcoin
According to Mallers, Bitcoin's limited supply may lead to rising prices as demand continues to increase. He remarked:
> “If there are many people who want to buy Bitcoin at $120,000, that's not possible with the current supply.”
Mallers also predicted that even a small share of Bitcoin's market capitalization in the global savings market could reach “tens of trillions of dollars.” When asked about investing in other digital assets like Ethereum or Solana, Mallers stated:
> “Never. We will not invest in any digital asset other than Bitcoin.”
The expected IPO of Twenty One and the strategy to increase Bitcoin assets highlight Mallers' strong confidence in the future of this cryptocurrency and its potential to reach new financial heights.
