Seeking to Challenge Saylor’s Bitcoin Dominance, Jack Mallers Launches $458 Million Investment

At the Bitcoin 2025 conference in Las Vegas, Strike CEO Jack Mallers unveiled an ambitious strategy to rival Michael Saylor’s Bitcoin dominance. Twenty-One Capital, led by Mallers, aims to reshape corporate Bitcoin holdings and challenge Strategy (formerly MicroStrategy), which currently holds over 580,000 BTC, worth approximately $64 billion. Mallers has secured a $458 million investment for his firm in Bitcoin through Tether Holdings SA. The investment is part of Twenty-One’s strategy to acquire up to 5% of Bitcoin’s total supply, or 1 million BTC. This bold ambition signifies a significant move aimed at challenging Saylor’s dominance.