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Public Companies

XXI

🇺🇸 United StatesCEPNASDAQ
SPAC / de-SPAC Pending

Market cap, mNAV, and volume data may not accurately represent reality during the merger process.

BTC Holdings

XXI held BTC since May 2025.

BTC Holdings
43,514
$3.69B

Key Metrics

Market Cap
$237.2M
SPAC / de-SPAC Pending

Market cap, mNAV, and volume data may not accurately represent reality during the merger process.

mNAV
0.06×
SPAC / de-SPAC Pending

Market cap, mNAV, and volume data may not accurately represent reality during the merger process.

Volume (30d)
$162.5M
SPAC / de-SPAC Pending

Market cap, mNAV, and volume data may not accurately represent reality during the merger process.

About XXI

Twenty One is a company fundamentally focused on Bitcoin, positioning itself as a crucial conduit for capital markets to engage with this cryptocurrency. The company's core business strategy is to utilize capital markets to enhance Bitcoin ownership per share, thus offering investors a unique opportunity to gain Bitcoin exposure through their shares. By doing so, Twenty One aims to develop innovative financial tools that are inherently Bitcoin-centric, providing a platform for investors to interact with Bitcoin in a manner that is integrated into traditional financial systems.

The background of Twenty One underscores its commitment to Bitcoin as a central component of its business model. This dedication is reflected in their strategy to maximize Bitcoin holdings and provide financial instruments that are native to Bitcoin. Their focus on Bitcoin suggests a belief in the long-term potential and value of the cryptocurrency, distinguishing their approach from other companies that might treat Bitcoin as a peripheral asset.

In terms of strategy, Twenty One emphasizes increasing Bitcoin ownership per share, indicating a priority on expanding their Bitcoin reserves and ensuring that shareholders benefit from their growth in Bitcoin holdings. This approach suggests a forward-looking vision where Bitcoin's potential appreciation could significantly enhance shareholder value. By aligning their business model around Bitcoin, Twenty One seeks to capitalize on the growing interest and adoption of Bitcoin in global financial markets.

As of November 2025, it held 43,514 BTC valued at $3.69B.

XXI — BTC Holdings Over Time

010K20K30K40KMay 2025May 2025May 2025Jun 2025Jun 2025Jun 2025Jul 2025Jul 2025Jul 2025Oct 2025

Historical Performance

Market Cap History

$339.2M$414.2M$489.3M$564.3M$639.4MMay 8, 2025May 23, 2025Jun 10, 2025Jun 26, 2025Jul 14, 2025Jul 29, 2025

NAV History

$494.7M$1.5B$2.4B$3.4B$4.4BMay 8, 2025May 24, 2025Jun 9, 2025Jun 25, 2025Jul 11, 2025Jul 27, 2025