Twenty One Capital Plans to Add 5,800 BTC Before Public Listing

Twenty One Capital, a bitcoin treasury firm supported by Tether and Softbank, plans to add 5,800 BTC to its reserves before merging with Cantor Equity Partners. This would increase its total holdings to over 43,500 BTC, valued at more than $5 billion, making it the third-largest corporate Bitcoin treasury after MicroStrategy and Tesla.

The contribution is part of an existing arrangement led by Tether.
CEO Jack Mallers highlighted Bitcoin's fixed supply as a key factor, suggesting price increases may accelerate due to competition among institutional and sovereign buyers.
Mallers stated that increased demand from ETFs and nation-states could lead to rapid price discovery.
The company will introduce a "Bitcoin Per Share" metric for investors to track holdings directly.
Tether and Bitfinex will remain majority owners post-listing; shares will trade under ticker "XXI" pending approvals.
All holdings will be auditable in real time through on-chain proof of reserves.