Tether-backed Twenty One Capital is about to go public? This Bitcoin giant plans to go on a buying spree for BTC.

The Crypto Assets sector welcomes major news! The emerging Bitcoin company Twenty One Capital, supported by stablecoin giant Tether, is nearing the completion of key steps for its public listing under the leadership of its CEO Jack Mallers. The company plans to list on the exchange soon, with stock code XSI expected to become a new channel for investors to gain exposure to Bitcoin investments. This is a case worth following for newbies looking to understand Bitcoin investment basics.

Mallers' Ambition: To Create a Bitcoin "Whale" Public Company

Mallers recently revealed the company's grand vision in an interview shared on social platform X: once successfully listed, Twenty One Capital's core strategy will be to fully acquire Bitcoin (BTC). He emphasized that the company will mainly utilize its own generated cash flow to continuously purchase Bitcoin, rather than overly relying on borrowing. This "self-sustaining" model **aims to ensure the company's Bitcoin reserves keep growing, with the goal of becoming a significant "whale" (an entity holding a large amount of Bitcoin) in the Bitcoin market. For those **interested in understanding how a listed company holds Bitcoin, this is a key strategy.

This listing is part of Mallers' grand plan to deeply integrate Bitcoin into the company's financial structure. Of course, the process also faces challenges, as Mallers mentioned the experience of dealing with the U.S. Securities and Exchange Commission (SEC), highlighting the regulatory challenges that the crypto industry generally faces. However, he expressed optimism that the new government may take a more friendly approach to crypto assets.

Core Difference: The Sustainable Path to Bitcoin Accumulation

The model of Twenty One Capital is distinctive in its emphasis on internal cash flow turnover. Mallers plans to build a solid business foundation within the Bitcoin industry, generating real revenue, and then continuously purchasing Bitcoin with these earnings. This contrasts with some companies that primarily rely on debt financing to purchase Bitcoin. Mallers believes that this strategy of purchasing Bitcoin through operational cash flow turnover is more sustainable, carries lower risks, and is a better approach for long-term holding of Bitcoin.

Beyond HODLing: Developing Bitcoin Native Financial Tools

The company's ambitions are not limited to accumulating Bitcoin. Mallers also revealed plans to develop Bitcoin-native financial products. These products may include innovative Bitcoin lending models and Bitcoin-based capital market tools, aimed at replacing or complementing traditional financial products, redefining the way the financial world operates. This is very inspiring for newbie investors exploring the future applications of Bitcoin.

Core Objective: Create Long-term Value for Shareholders

Mallers emphasized that all strategies of Twenty One Capital serve a core goal: to create long-term value for shareholders. Among them, continuously increasing the number of Bitcoins per share (Bitcoin per share) is a key indicator. This focus on increasing Bitcoin reserves rather than merely stock price is a significant characteristic that distinguishes Twenty One Capital from other listed companies.

Strong backing: Tether's substantial support, ranking among the top three globally

Twenty One Capital's upcoming IPO and its aggressive Bitcoin acquisition plan mark a new phase in corporate adoption of Crypto Assets. With the strong backing of Tether and Mallers' clear vision, the company is expected to quickly become one of the world's largest enterprise-level Bitcoin holders.

Last month's blockbuster news confirmed its strong strength: Tether and its affiliates transferred Bitcoin worth up to 2.7 billion dollars to Twenty One Capital to fully support its ultimate goal of holding 420,000 BTC. A month earlier, the company had jumped to become the third largest Bitcoin holding company in the world by making a one-time purchase of 4,812 BTC. The subsequent continuous acquisitions have successfully kept it ranked in the top three globally in terms of Bitcoin holdings.