Twenty One Capital CEO Jack Mallers Says Bitcoin Price Will Continue to Rise Above $150,000
Bitcoin Magazine
Twenty One Capital CEO Jack Mallers Says Bitcoin Price Will Continue to Rise Above $150,000
In a bold and high-energy appearance on Bloomberg Crypto, Jack Mallers, CEO of Twenty One Capital, made clear his companyâs ambition: to be the most dominant Bitcoin treasury in the worldâand to ride Bitcoinâs value far past the six-figure mark.
Following the firmâs announcement that it expects to receive an additional 5,800 BTC from Tether ahead of its public listing, Mallers laid out the case for Bitcoinâs continued price surge, asserting that $150,000 per BTC is just the beginning.
âIs there enough Bitcoin for me at $120k? No. $130k, $140k, $150k? Thereâs always Bitcoin availableâit just depends on what youâre willing to pay for it,â Mallers said. âBitcoin is the scarcest thing. It is inelastic to the amount of demand that searches for it.â
With the upcoming capital infusion, Twenty Oneâs total bitcoin holdings will exceed 43,500 BTC, acquired at an average price of $87,280.37âalready generating $1.3 billion in unrealized gains. This will make the company the third-largest corporate holder of bitcoin, behind only Strategy and Marathon Digital (MARA).
Mallers was unapologetically aggressive when asked about his intentions to move further up the leaderboard.
âIâm never gonna sit up here and say I want to be second,â he told Bloomberg. âThe board consists of myself, Tether, and SoftBank. Thatâs a lot of access to capital, a lot of tech experience, and a lot of Bitcoin expertise. We think we can do pretty much anything.â
More than just stacking sats, Mallers emphasized that Twenty One is building for the long term. Alongside its treasury accumulation, the company plans to develop a suite of Bitcoin-native financial products, leveraging the experience of Mallersâ own firm Strike and the engineering pedigree of partners like Tether.
Twenty Oneâs structure is designed to offer Bitcoin-denominated shareholder value, with each share expected to represent approximately 12,559 sats. A new metric, Bitcoin Per Share (BPS), will offer real-time transparency on asset exposure. All BTC will be on-chain and auditable via xxi.mempool.space.
âBitcoin is a foundational protocol for freedom,â said Paolo Ardoino, CEO of Tether. âTwenty One captures that ethos in corporate form.â
As Mallers put it: âWeâre not here to beat the existing systemâweâre here to build a new one.â
The firm is set to trade under ticker XXI following the closing of its business combination with Cantor Equity Partners (CEP), pending shareholder approval.
With Bitcoinâs fixed supply and rising institutional demand, Mallers believes price discovery will only accelerate from here. âThe more people and capital that enter this market, the higher the price must go,â he said. âAnd weâre just getting started.â
This post Twenty One Capital CEO Jack Mallers Says Bitcoin Price Will Continue to Rise Above $150,000 first appeared on Bitcoin Magazine and is written by Nik.
Source: Read More





