Twenty One Capital, Inc. has revealed that it will receive an additional 5,800 Bitcoin from Tether upon completing its merger with Cantor Equity Partners (Nasdaq: CEP), boosting its total Bitcoin reserves to over 43,500 Bitcoin.
This move will place the firm as the third-largest corporate Bitcoin holder worldwide.
The firm disclosed that its Bitcoin was acquired at an average price of $87,280.37 per coin.
Once public, its stock will trade under the ticker XXI, with each share representing roughly 12,559 satoshis.
The company plans to replace traditional earnings-per-share (EPS) with a new metric: Bitcoin Per Share (BPS), allowing performance to be evaluated in Bitcoin terms.
“We believe Bitcoin deserves a public company worthy of its ethos,” said CEO and co-founder Jack Mallers.
He emphasized the company’s commitment to building a transparent, Bitcoin-native structure and expressed confidence in the team’s ability to reshape finance: “We’re not here to beat the existing system, we’re here to build a new one.”
All Bitcoin will be stored transparently on-chain, supported by real-time Proof of Reserves. The company aims to offer investors exposure to Bitcoin without traditional debt risk.
“Bitcoin represents more than just a financial asset, it’s a foundational protocol for freedom, transparency, and resilience,” said Paolo Ardoino, CEO of Tether, highlighting Twenty One’s mission as aligned with Bitcoin’s core principles.
He added that the company “breaks from legacy financial conventions” and “points toward a future where value is truly sovereign.”
Ownership of the newly combined entity will be led by Tether and Bitfinex as majority stakeholders, with SoftBank participating as a key minority investor.
Additional equity will be held by PIPE participants, CEP’s public shareholders, and Cantor Fitzgerald.