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Twenty One Capital’s Bitcoin Gains Fuel First Profitable Quarter at $1.09B

Tether-backed Twenty One Capital reported $1.087 billion in third-quarter net income, largely driven by unrealized gains on its bitcoin holdings.   Twenty One Capital Shares Slide Despite Billion-Dollar Profit Twenty…

Continue ReadingTwenty One Capital’s Bitcoin Gains Fuel First Profitable Quarter at $1.09B

Jack Mallers Exits Twenty One Capital as $2.9B Bitcoin Treasury Gets New Leadership

Jack Mallers stepped down as chief executive of Twenty One Capital effective July 20, and the board named director Raphael Zagury as his replacement. Mallers co-founded Twenty One Capital and…

Continue ReadingJack Mallers Exits Twenty One Capital as $2.9B Bitcoin Treasury Gets New Leadership