Twenty One Capital has announced the receipt of an additional 5,800 BTC ahead of its listing on the exchange, which will allow it to rank among the top three companies globally in terms of corporate Bitcoin holdings. Following the merger with Cantor Equity Partners (CEP), Twenty One’s total Bitcoin reserves will reach at least 43,500 BTC. Trading of the company’s shares will begin under the ticker XXI.
This is reported by Business • Media
Investment Details and New BPS Metric
A significant portion of the new Bitcoins will come from investments by Tether and a number of institutional investors. The total investment in Bitcoin will amount to approximately $680 million, which will significantly enhance the company’s financial stability and open new opportunities for investors seeking access to the world’s leading cryptocurrency.
As part of the updated structure, the company will receive 1,381 BTC purchased by Tether under an agreement dated June 19, 2025, as well as 4,422 BTC that Tether has committed to acquire under the merger agreement with CEP. The average cost of one Bitcoin for Twenty One Capital is $87,280. After the listing, one share of the company will correspond to approximately 12,559 satoshis.
Twenty One Capital is implementing a special metric called Bitcoin Per Share (BPS), which allows investors to directly track the number of Bitcoins per share, differing from the traditional earnings per share (EPS) metric.
Ownership Structure and Asset Transparency
All of the company’s Bitcoin assets will be fully transparent and verified through the on-chain Proof of Reserves tool via the platform xxi.mempool.space.
“Twenty One is a new type of public company: built on Bitcoin, verified by proof, and inspired by the vision to change the global financial system. We are not trying to defeat the old system — we are creating a new one,” said co-founder and CEO Jack Mallers.
As a result of the completion of the deal, the controlling stake in the company will belong to Tether and Bitfinex, with a significant share going to SoftBank Group, while the remainder will be distributed among PIPE investors, public shareholders of CEP, and sponsors from Cantor Fitzgerald.
The company has also filed a confidential registration statement with the U.S. Securities and Exchange Commission. After the merger process is completed, Twenty One shares will trade under the ticker XXI.
Earlier, in May, Tether acquired 4,812 BTC for $458.7 million for the Twenty One Capital fund, highlighting the strategic importance of the partnership between the companies.