Twenty One Capital Prepares To Transfer $3,987,879,465 in Bitcoin Ahead of Stock Market Launch

dailyhodlPublished on 2025-12-08Last updated on 2025-12-08

Abstract

Twenty One Capital, a Bitcoin treasury company backed by Tether, SoftBank, Cantor Fitzgerald, and Strike CEO Jack Mallers, is preparing to transfer 43,500 BTC (valued at nearly $4 billion) from escrow to its own custody. The move is a key step ahead of its expected launch on the New York Stock Exchange under the ticker XXI, with trading set to begin on December 9th. Mallers emphasized the company's commitment to transparency, rooted in Bitcoin's principles, and highlighted its proof-of-reserves system that allows public verification of its Bitcoin holdings. The merger is scheduled to be finalized on December 8th.

A Bitcoin treasury company built by Tether, SoftBank Group, Cantor Fitzgerald and Strike CEO Jack Mallers is preparing to transfer a huge amount of BTC.

According to Mallers, Twenty One Capital will soon move over 43,500 Bitcoin from escrow to its own custody ahead of an expected launch on the New York Stock Exchange.

The transfer, valued at $3,987,879,465 at time of publishing, will support the final steps of the firm’s merger.

Mallers announced the move in a video on X, stressing transparency as a core value drawn from Bitcoin.

“We derive our corporate culture, what motivates us – our business is derived from Bitcoin. Things like truth, transparency, authenticity.

As a part of this, we launched proof of reserves earlier this year. Proof of reserves allows anyone in the world, whether you’re a shareholder or not, to verify we do in fact own the Bitcoin we say we do.”

The Bitcoin-native company expects to finalize the merger on December 8th, and begin trading on the New York Stock Exchange under the ticker XXI on December 9th.

Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix

Featured Image: Shutterstock/KDdesignphoto

Related Reads

Only 7 Native Tokens Remain in the Green Since the Start of the Year. And It's Not Bitcoin

Since the beginning of 2025, the majority of major cryptocurrencies have experienced significant double-digit losses, with only seven native Layer-1 (L1) tokens remaining in positive territory, according to data from Coinmarketcap. Notably, Bitcoin (BTC) and Ethereum (ETH) themselves are not among them, having declined by 2% and 5% respectively. The top performers are led by privacy-focused coins. Zcash (ZEC) surged by 600%, and Monero (XMR) rose by approximately 100%, despite facing regulatory pressures and delistings from major exchanges. Dash (DASH), another privacy-oriented token with optional anonymity features, also saw growth of nearly 30%. Bitcoin Cash (BCH), a major Bitcoin fork, increased by almost 40%. Its performance is partly attributed to the absence of venture capital backing, a fully unlocked token supply, and anticipation around a potential spot ETF approval in the US. Exchange-based tokens also performed well. BNB (from Binance) and Hyperliquid's HYPE each grew by around 30%. BNB's rise was fueled by major partnerships and news of potential eased US regulatory oversight, while HYPE benefited from a trader migration to decentralized exchanges (DEXs) amid tightening regulations on centralized platforms. Finally, Tron (TRX) posted a 13% gain. It distinguished itself as the most profitable blockchain network, generating over $207 million in revenue in November, heavily driven by its dominance in USDT stablecoin transactions, which account for 70% of the activity on its network.

RBK-crypto8m ago

Only 7 Native Tokens Remain in the Green Since the Start of the Year. And It's Not Bitcoin

RBK-crypto8m ago

Trading

Spot
Futures
活动图片