Not every day does a lightning bolt strike through the neatly packed portfolio line-up of Wall Street, but that is exactly what Twenty One’s CEO, Jack Mallers, has ensured today.
With a giant stride and a vision that transcends “just hold crypto,” Mallers is spearheading a very innovative approach toward Bitcoin investment. As the newly installed Twenty One CEO, he is orchestrating waves with one simple message: Bitcoin is not just an asset; it is the infrastructure for the next financial era.
And 42,000 BTC—approximately $3.9 billion as of 30 April 2025—in his company’s treasury can make sure to cause a huge wave and not a mere ripple.
Twenty One CEO’s Vision: It’s Not Just About Holding Bitcoin
It all sounds cute, but for Twenty One’s CEO, Jack Mallers, it is more than a slogan. Mallers wants to actively build Bitcoin’s future, rather than merely speculating on its price.
“We don’t just hold BTC—we build on it, for it, and because of it,”
He told The Crypto Times. This means deploying capital into Bitcoin-native products, building business models around the blockchain itself, not just treating it like digital gold.
This is parallel to an inflection point. Unlike ETFs that track Bitcoin’s value and give passive exposure to investors, the mallers plan to increase its Bitcoin-per-share (BPS) through growth, launching products, and smart capital allocation.
Power Players Are Backing the Twenty One CEO’s Strategy
Big-money decisions correlate to big moves. Tether, SoftBank, and Bitfinex are three forces behind Twenty One’s CEO Jack Mallers—but these are big names in the tech and crypto finance realms.
Well-placed confidence, of course. He already made a name for himself by using Lightning with the app Strike. Now, at Twenty One, that tech-first approach is married to an anything-but-traditional Wall Street sensibility under Mallers’ leadership.
A Look at the Bitcoin Market Right Now
To fathom the importance of Twenty One Capital’s bet in relation to growth native to Bitcoin, it is necessary first to see where crypto is within itself at the moment.
Bitcoin (BTC) is trading right now at $88,391.27 as of April 30, 2025; it’s an increase of 4.9% from March’s average of $84,290.56. Analysts suggest that we might be heading towards the six-digit price; according to Standard Chartered, BTC is expected to achieve $120,000 in the second quarter due to rising global uncertainty, more ETF approvals, and enhanced institutional interest.
Bitcoin Price Tracker (March–April 2025)
| Month | Average Price | Monthly Gain |
|---|---|---|
| March 2025 | $84,290.56 | +3.7% |
| April 2025 | $88,391.27 | +4.9% |
So what’s the big deal, then? The hour wouldn’t be hotter than the present one for Twenty One CEO Jack Mallers to make such a bold move. Investors are watching, and Bitcoin yet climbs, slow and steady. But Parker’s is giving more than just a ride up the chart.
Beyond the ETF: A New Kind of Crypto Investment
Where the Twenty One CEO is different from almost all other CEOs: The company was not created to be called a public limited company.
ETFs are passive. Once you buy into it, your destiny crashes with the swings of BTC. But Twenty One Capital is active. It aims to invest capital, develop products, and participate in Bitcoin’s infrastructure to ultimately drive direct growth in shareholder value.
“We’re looking at BPS—Bitcoin per share—not just net asset value,”
Mallers said. This could be revolutionary with a simple shift.
Aligning business performance with Bitcoin’s core competency, Twenty One CEO Mallers is crafting something that Wall Street hasn’t quite yet seen publicly: a Bitcoin-native builder that is publicly traded.
Skeptics Weigh In
Such lack of belief isn’t entirely practiced. Some analysts have raised eyebrows at the firm’s structure especially the reverse merger via a SPAC (Cantor Fitzgerald’s Cantor SPAC I).
Critics warn any model that is closely linked with price fluctuations of that nature is likely to face volatility. But Mallers does not have any worries since he has experienced both the winter and summer periods of Bitcoin and is looking far ahead.
“We are not chasing the price,” Twenty One CEO told Bitcoin Magazine. “We are building on Bitcoin–because it is the most secure, most neutral base layer the world has.”
Conclusion:
In Wall Street lingo, the axiom goes: “Follow the conviction, not the crowd.” Now the market has its eyes set on Twenty One CEO Jack Mallers for abandoning the crowd to double down on converting Bitcoin from an asset to an engine.
With heavyweight backers, with a war chest of 42,000 BTC, and a stark break from traditional investment structures, Twenty One Capital is not just positioning itself into crypto; it is staking its claim into Bitcoin.
For crypto investors who have had enough of merry-go-round-esque activity and are searching for utility, this might be one of the more exciting plays for the year.
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Frequently Asked Questions (FAQs)
1. What is Twenty One Capital?
Twenty One Capital is a new public entity focused on Bitcoins, headed by Jack Mallers. It has about 42,000 BTC in its books and plans on offering Bitcoin-native financial products.
2. How different is Twenty One from a Bitcoin ETF?
While an ETF just passively holds onto Bitcoin, Twenty One puts its money to work to build and grow Bitcoin per share through building and expanding Bitcoin services.
3. Who are the backers of Twenty One Capital?
Tether, Softbank and Bitfinex are the icons, whose clear institutional faith in the model gets reflected in the firm.
4. Is Jack Mallers still working with Strike?
Yes. Mallers disclosed that he would carry on running Strike and would not conflict with Twenty One, especially when viewed from this perspective.
Glossary of Key Terms
Bitcoin (BTC): A decentralized digital currency without a central bank or intermediary administrator.
Bitcoin per Share (BPS): A method of representing how much of a Bitcoin each share of the company can be said to represent.
Exchange-Traded Fund (ETF): A type of investment fund that is traded on stock exchanges and is frequently used for tracking prices of crypto.
Special Purpose Acquisition Company (SPAC): A shell company that uses a merger to take private firms public.
Treasury (in crypto): A company’s reserve of cryptocurrency maintained for strategic investments.
Bitcoin-native products: Financial or tech products built workable on the Bitcoin network.
Institutional investors: A large organization (like a bank or hedge fund) that invest large capital into the markets.
Sources
Bitcoin Magazine+1Bitcoin Magazine+1
Crypto News Flash+11Financial Times+11
