Jack Mallers, founder of Bitcoin payment platform Strike, has officially launched Twenty One Capital on the New York Stock Exchange with an unambiguous mission: maximum Bitcoin accumulation. The move positions Mallers alongside other corporate Bitcoin advocates like Michael Saylor, signaling a new wave of institutional commitment to the leading cryptocurrency.
In a bold declaration that echoes the aggressive Bitcoin treasury strategies popularized by MicroStrategy, Jack Mallers has launched Twenty One Capital on the New York Stock Exchange with a singular focus: acquiring as much Bitcoin as possible.
Mallers, widely recognized as the CEO and founder of Strike, a Bitcoin-native payment application, has long been a vocal advocate for Bitcoin adoption. His latest venture represents a significant escalation in that commitment, bringing institutional-grade Bitcoin accumulation directly to public markets.
The launch of Twenty One Capital adds another prominent name to the growing list of publicly-traded companies adopting Bitcoin treasury strategies. Following in the footsteps of MicroStrategy's Michael Saylor, who has accumulated over 400,000 BTC for his company, Mallers is positioning Twenty One Capital as a pure-play Bitcoin investment vehicle for traditional investors seeking exposure to the digital asset.
This development comes at a crucial time for Bitcoin adoption, as institutional interest continues to accelerate following the approval of spot Bitcoin ETFs in early 2024. By going public on the prestigious NYSE, Mallers is providing mainstream investors with another avenue to gain Bitcoin exposure through traditional brokerage accounts, potentially lowering the barrier to entry for those hesitant to directly custody digital assets.
Mallers has built considerable credibility within the Bitcoin community through Strike's innovations, including enabling instant, low-cost Bitcoin transactions using the Lightning Network. His involvement in Bitcoin education and advocacy, including memorable conference presentations, has made him one of the industry's most recognizable figures.
The timing of Twenty One Capital's public debut is particularly noteworthy as Bitcoin continues to mature as an asset class. With growing acceptance among traditional financial institutions, corporations, and even nation-states, the infrastructure for large-scale Bitcoin accumulation has never been more robust.
For investors, Twenty One Capital represents a straightforward thesis: direct exposure to Bitcoin's price appreciation through a publicly-traded vehicle managed by one of the cryptocurrency's most knowledgeable proponents. As Mallers has demonstrated throughout his career, his commitment to Bitcoin extends beyond mere speculationโit's rooted in a fundamental belief in the technology's transformative potential for the global financial system.
The success of this venture will likely depend on Bitcoin's continued institutional adoption and Mallers' ability to execute his accumulation strategy effectively in varying market conditions.