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

dailyhodl2025-12-08 tarihinde yayınlandı2025-12-08 tarihinde güncellendi

Özet

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

İlgili Okumalar

Tough pill to swallow: IRS agents may have to watch OnlyFans because of jiggle room over Trump’s no tax on tips

The article's title suggests that IRS agents might be forced to review content from platforms like OnlyFans as a result of potential tax implications stemming from former President Trump's proposal to eliminate taxes on tips. The core of the argument is that this policy could create a "jiggle room" or a loophole, where income from such platforms could be misclassified as non-taxable tips rather than taxable earnings. Consequently, to enforce tax compliance and distinguish between actual tips and other forms of income, IRS personnel may find themselves in the position of having to audit and view adult content to verify the nature of the payments. The piece highlights the unintended and controversial consequences that can arise from tax policy changes.

nypost20 dk önce

Tough pill to swallow: IRS agents may have to watch OnlyFans because of jiggle room over Trump’s no tax on tips

nypost20 dk önce

Toddler hit and killed by pick-up truck in Long Island driveway: cops

A toddler was struck and killed by a pick-up truck in a driveway on Long Island, according to police. The incident occurred in a residential area, underscoring the tragic nature of the event. Authorities are investigating the circumstances surrounding the accident. No further details were immediately available.

nypost25 dk önce

Toddler hit and killed by pick-up truck in Long Island driveway: cops

nypost25 dk önce

Binance Initiates Investigation Into Employee Accused Of Insider Trading

Binance, the world's largest cryptocurrency exchange, has launched an investigation into an employee accused of insider trading. The internal audit team received a report alleging the employee misused insider information by making posts on official social media for personal profit. Preliminary findings indicate the employee had connections to a token issued on-chain and used related details in a Binance Futures tweet less than a minute later. These actions violate company policy and constitute an abuse of position. The employee has been suspended, and Binance is cooperating with authorities and pursuing legal action. A $100,000 bounty has been announced for whistleblowers. Meanwhile, Binance Coin (BNB) is trading at $896.50, down over 34% from its all-time high.

bitcoinist29 dk önce

Binance Initiates Investigation Into Employee Accused Of Insider Trading

bitcoinist29 dk önce

Jason Bateman makes rare comment on his relationship with sister Justine

Jason Bateman has made a rare public comment about his relationship with his sister, Justine Bateman. The actor did not share specific details about their bond in the provided content, which primarily consists of a video player element. The mention of their relationship highlights the infrequency with which he discusses his family members publicly.

nypost34 dk önce

Jason Bateman makes rare comment on his relationship with sister Justine

nypost34 dk önce

‘Criminal illegal alien’ mom of Karoline Leavitt’s nephew set to be released from ICE detention

The mother of Karoline Leavitt's nephew, described as a "criminal illegal alien," is scheduled to be released from U.S. Immigration and Customs Enforcement (ICE) detention. The individual in question has a criminal record and was being held on immigration violations. The article highlights this development in relation to Leavitt, a public figure, though the specific details of the case, the reasons for the release, and the identity of the individual are not provided in the available text.

nypost36 dk önce

‘Criminal illegal alien’ mom of Karoline Leavitt’s nephew set to be released from ICE detention

nypost36 dk önce

İşlemler

Spot

Futures