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

dailyhodlPublicado em 2025-12-08Última atualização em 2025-12-08

Resumo

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

Leituras Relacionadas

Why Is It Difficult for Retail Investors to Break Free from the Loss Cycle of High-Frequency Trading?

Why Retail Traders Struggle to Escape the High-Frequency Trading Loss Cycle Retail investors often fall into a trap of continuous losses in cryptocurrency markets due to high-frequency day trading, which is structurally skewed against them. The author, sharing from personal experience, explains that frequent trading without informational advantages—such as access to real order flow, liquidity maps, or market maker positions—inevitably leads to financial ruin over time. The key insight is that winning isn’t just about making profits but about preserving them. Most successful retail traders actually succeed by trading less: catching major market moves, then stepping back to avoid giving back gains. In contrast, constant trading—often driven by overconfidence and the false belief that discipline and risk management alone can beat the market—results in consistent losses. The article compares modern day trading to a "casino disguised as a café," where inexperienced traders, especially young ones, mistake gambling for a learnable skill. They rely on superficial tools like TradingView charts without understanding that institutional traders use advanced systems like Bloomberg terminals with exclusive data. Ultimately, the author advises retail traders to reduce trading frequency, avoid day trading, and focus on long-term strategies instead of chasing quick wins. The real tragedy is not losing money but believing that high-frequency trading is a sustainable strategy rather than a form of gambling.

比推Mesmo agora

Why Is It Difficult for Retail Investors to Break Free from the Loss Cycle of High-Frequency Trading?

比推Mesmo agora

Illegal Miners Threatened with Criminal Punishment. What to Prepare For

Russian authorities plan to introduce both administrative and criminal liability for illegal cryptocurrency mining, as announced by Deputy Prime Minister Alexander Novak. The government aims to regulate the digital currency market and establish penalties for mining violations. Legal experts suggest that criminal charges should be reserved for cases involving significant public danger, such as large-scale damage to energy infrastructure or threats to grid stability, rather than duplicating existing laws. They argue that administrative fines are sufficient for minor offenses like small-scale home mining. The distinction between criminal and administrative liability will likely be based on the scale of damage and the amount of illicit income generated. A previous legislative draft proposed substantial fines for unregistered mining, but it was criticized for lacking proportionality. Amendments to both the Administrative and Criminal Codes are expected by 2026 to address these issues. Despite mining being legalized in Russia in 2024, an estimated 70% of miners remain unregistered due to challenges in legalizing previously imported equipment.

RBK-cryptoHá 5m

Illegal Miners Threatened with Criminal Punishment. What to Prepare For

RBK-cryptoHá 5m

Malaysia’s crown prince launches ringgit stablecoin, Zetrix treasury

Malaysia's Crown Prince Ismail Ibrahim, through his telecom company Bullish Aim, has launched RMJDT, a ringgit-pegged stablecoin, under the country's regulatory sandbox. The stablecoin, issued on the Zetrix blockchain, aims to boost the ringgit's use in cross-border trade and attract foreign investment. Additionally, Bullish Aim is creating a digital asset treasury with an initial allocation of 500 million ringgit ($121.5M) in ZETRIX tokens, modeled after MicroStrategy's Bitcoin strategy. This move aligns with Malaysia's Digital Asset National Policy, despite growing market skepticism about the sustainability of digital asset treasuries.

cointelegraphHá 29m

Malaysia’s crown prince launches ringgit stablecoin, Zetrix treasury

cointelegraphHá 29m

Hong Kong launches CARF crypto tax consultation to combat evasion

Hong Kong has launched a public consultation on implementing the Crypto-Asset Reporting Framework (CARF) to align its crypto tax data sharing with global standards and combat cross-border tax evasion. The initiative, led by Financial Services Secretary Christopher Hui, also includes potential updates to the Common Reporting Standard (CRS). This move reinforces Hong Kong’s existing efforts in international tax cooperation, having exchanged financial account data with partner jurisdictions since 2018. CARF has seen broad global adoption, with 76 countries pledging to implement it by 2029. However, some jurisdictions like Switzerland and the U.S. are proceeding cautiously or with delays.

cointelegraphHá 56m

Hong Kong launches CARF crypto tax consultation to combat evasion

cointelegraphHá 56m

Bull vs. Bear Debate: Is Stablecoin Leader CRCL Worth Buying? Why Can't High-Growth Earnings Drive the Stock Price?

"Circle (NYSE: CRCL), the issuer of USDC, has sparked intense debate in the crypto community following its Q3 2025 earnings report. Despite reporting strong growth—revenue up 66% YoY to $740 million and net income of $214 million, driven by a 108% increase in USDC circulation—its stock price fell significantly post-earnings and remains near its IPO price of $64. The core disagreement revolves around Circle’s business model and sustainability. Critics, including Jiang Zhuorer, argue that Circle operates like a bank, earning primarily through interest on reserve assets (mainly U.S. Treasuries), but is highly vulnerable to interest rate cuts. They highlight that ~60% of revenue is paid to distributors like Coinbase, leaving thin margins that could turn negative in a low-rate environment. They also warn of competition from traditional financial giants like JPMorgan and potential policy changes. Proponents, such as BTCdayu and qinbafrank, counter that Circle is building a long-term, network-driven infrastructure play. They compare it to Amazon or JD.com, arguing that current profit-sharing is a strategic cost to achieve scale, compliance advantage, and eventual market dominance in a winner-take-all industry. They believe USDC’s合规 (compliance) edge and institutional trust will drive adoption to multi-trillion dollars, outweighing interest rate risks. Short-term concerns include significant post-IPO lockup expirations adding selling pressure, and structural barriers like U.S. tax treatment of USDC as a property (not cash), hindering retail payment adoption. The debate encapsulates a clash between cyclical concerns (rates, costs, competition) and structural optimism (scale, compliance, network effects)."

Odaily星球日报Há 1h

Bull vs. Bear Debate: Is Stablecoin Leader CRCL Worth Buying? Why Can't High-Growth Earnings Drive the Stock Price?

Odaily星球日报Há 1h

Trading

Spot

Futuros