Twenty One Capital bitcoin holdings
A bitcoin-native company assembled by Tether, Bitfinex and SoftBank, which arrived on the NYSE already holding more than 43,000 coins.
Key figures
- Bitcoin held
- 43,514 BTC
- As of
- 2026-08-11
- Rank
- 2 of 165
- Value at current price
- $2.7B
- Share of 21 million
- 0.21%
Holdings over time
Cumulative bitcoin held after each disclosed event. The line steps rather than slopes because treasury positions change on purchase dates, not continuously.
We do not yet have enough dated market cap points for Twenty One Capital to chart its valuation history. Rather than interpolate, we leave it out until the figures are filled in.
Every disclosure we have
| Date | Event | Change | Total held | Note | Source |
|---|---|---|---|---|---|
| 2026-08-11 | Reported | 43,514 | Second quarter 2026 Form 10-Q, filed 11 August 2026, still shows 43,514 bitcoin, unchanged since listing. About 16,116 BTC are pledged against $486.5m of 2030 converts. | sec.gov | |
| 2026-03-31 | Reported | 43,514 | First quarter 2026 Form 10-Q reported 43,514 bitcoin at a fair value of about $2.95 billion. No purchases or sales during the quarter. | sec.gov | |
| 2025-12-31 | Reported | 43,514 | Fiscal 2025 year end. The Form 10-K reported holdings unchanged at 43,514 bitcoin, with no purchases or sales between the December listing and the year end. | sec.gov | |
| 2025-12-09 | Reported | +17,702 | 43,514 | Business combination with Cantor Equity Partners closed and Class A stock began NYSE trading as XXI. The rise since June is further in kind seeding, at a blended cost of $87,280.37 per bitcoin. | sec.gov |
| 2025-06-02 | Reported | +21,000 | 25,812 | Tether moved 14,000 BTC and Bitfinex 7,000 BTC into Twenty One's designated wallets. In kind seed contributions to the pre merger entity, not open market purchases, and more coins followed later. | bitcoinmagazine.com |
| 2025-05-09 | Bought | 4,812 | Tether bought 4,812.22 BTC at an average $95,319.83 and delivered it into the escrow wallet backing the Cantor Equity Partners deal, disclosed in an 8-K days later.$458.7M at $95,320/BTC | coindesk.com |
About Twenty One Capital
Twenty One Capital was built the other way round from most treasury companies. Rather than an operating business converting its cash, it was assembled as a bitcoin holding vehicle from the start: Tether and Bitfinex contributed the majority of the coins, SoftBank took a minority position, and the whole thing reached public markets in December 2025 by merging with the Cantor Equity Partners blank-cheque company.
It listed holding 43,514 bitcoin, a position that has not moved since. The company measures itself in bitcoin per share rather than dollars, on the argument that a shareholder should care about how much of the stack each share represents.
The first year as a public company has been rough. Jack Mallers, the Strike founder who launched it, was replaced as chief executive by Raphael Zagury in 2026, and the company reported a 414 million dollar loss for the second quarter amid questions about its governance and the terms of its formation.
Frequently asked questions
Who actually controls Twenty One Capital?
Tether and Bitfinex hold the majority economic interest, with SoftBank as a minority holder. Public shareholders who came in through the Cantor Equity Partners merger own a comparatively small slice, which is a governance consideration worth understanding before buying the stock.
Compared with its neighbours
Sources
Holdings figures and their dates come from the disclosures linked in the history table above. Read the full methodology.