Bitcoin News Today: Twenty One Capital Surpasses 43,500 BTC Target Amid Institutional Bitcoin Surge

Jack Mallers, CEO of Twenty One Capital, has emphasized the growing institutional demand for Bitcoin on Wall Street, signaling a transformative shift in how traditional financial markets view digital assets. The firm, backed by Cantor Fitzgerald, Tether, and SoftBank, has surpassed its initial Bitcoin accumulation target, now holding at least 43,500 BTC, valued at approximately $5.13 billion at current prices [1]. This development underscores the strategic pivot toward Bitcoin as a core component of corporate treasury management.

Mallers has been a vocal proponent of Bitcoin’s long-term value, predicting that the asset could reach $150,000. His rationale is grounded in Bitcoin’s fixed supply and the increasing adoption by institutional investors. "Is there enough Bitcoin for me at $120k? No. $130k, $140k, $150k? There’s always Bitcoin available—it just depends on what you’re willing to pay for it," he said, highlighting how scarcity and demand dynamics are reshaping market expectations [1]. His comments align with broader trends showing Bitcoin gaining traction as a reserve asset, with other entities, including miners and non-crypto firms, also expanding their BTC holdings.

Twenty One Capital is also preparing for a merger with Cantor Equity Partners, a SPAC, which will enable the firm to go public. This move is expected to enhance its credibility and visibility in traditional finance, potentially opening the door for more institutional investment. The planned merger reflects a broader industry effort to integrate Bitcoin into mainstream financial systems, offering investors a conventional market structure to access the asset [1].

The firm’s strategy of growing its Bitcoin holdings without external financing has been a notable departure from industry norms. This approach not only demonstrates the liquidity of Bitcoin within the institutional space but also reflects deep confidence in its future value. As Bitcoin continues to be adopted by corporate treasuries, Twenty One Capital’s model is setting a precedent for how traditional financial institutions can incorporate digital assets into their portfolios [1].

Mallers’ vision has gained momentum as Wall Street increasingly recognizes Bitcoin as a legitimate, long-term store of value. The rising institutional involvement is not only driving price speculation but also reshaping asset management strategies. The implications of this shift extend beyond price movements, influencing liquidity, regulatory considerations, and the broader financial landscape [3]. With growing corporate interest and strategic acquisitions, the narrative around Bitcoin is evolving from speculative hype to mainstream financial utility.

As the market continues to mature, the role of ETFs, regulatory frameworks, and public company disclosures will become increasingly critical in managing Bitcoin’s integration into traditional finance. Mallers and Twenty One Capital are at the forefront of this transition, embodying the institutional shift that could redefine how digital assets are viewed and utilized in global markets [1].

Source: [1] Twenty One Capital’s Bitcoin Stash Is Bigger Than Initially Expected

https://coinmarketcap.com/community/articles/6888f11c3981806f1249e155/

[3] Maryland HODL (@HodlMaryland) / X

https://x.com/HodlMaryland