Jack Mallers Launches ‘Twenty One’ with $585 Million IPO, Secures Massive Bitcoin Holdings

Crypto pioneer Jack Mallers has launched a public company, Twenty One, aiming to become the leading Bitcoin investment vehicle. The firm will list its shares under ticker symbol $XXI and launch with over 42,000 BTC in its treasury, establishing it as one of the largest corporate Bitcoin holders globally. Backed by Tether and SoftBank, Twenty One aims to offer direct exposure to Bitcoin for public market investors while maximizing Bitcoin ownership per share.