Bitcoin treasury firm, Twenty One Capital CEO Raphael Zagury has laid out an ambitious plan to take the company beyond its Bitcoin treasury, just weeks after taking over from former CEO Jack Mallers. In a shareholder letter published on August 11, Zagury said the company needs to build businesses around its large Bitcoin holdings rather

Twenty One Capital CEO Rapha Zagury admits XXI trades below its bitcoin and lays out a five-part Berkshire-style fix.

Twenty One Capital (NYSE:XXI) has announced a major leadership transition, with CEO Jack Mallers resigning from his role. Raphael Zagury has been appointed as the new CEO, alongside extensive changes to the board of directors and key board committees. The reshuffle marks a new phase of governance for Twenty One Capital, with responsibilities and oversight roles redistributed across its leadership structure. These leadership moves come at a challenging time for Twenty One Capital, with the...

Jack Mallers' departure from Twenty One Capital likely stems from disagreements between Mallers and the board or majority ownership over the company's direction, and his departure raises questions regarding the…

Jack Mallers announced he is stepping down as CEO of Twenty One Capital, citing disagreements with the board over the company’s direction — and, more consequentially, taking Strike out of…

Jack Mallers steps down from Twenty One as his questions on Saylor's mNAV and digital credit yields resurface.

Jack Mallers is stepping away from second largest Bitcoin corporate treasury company just months after unveiling an ambitious plan to reshape the industry's public markets. The Twenty One Capital (NYSE: XXI) co-founder said on Tuesday that he resigned as CEO after a strategic disagreement with the ...

XXI stock dropped nearly 18% after the company's co-founder stepped down and Tether's plan to combine three Bitcoin firms officially fell apart.

A proposed merger between Twenty One Capital, Strike and Bitcoin miner Elektron Energy has been abandoned, Bloomberg reported.

A major leadership resignation has happened on leading Bitcoin treasury company Twentyone capital’sboard. Jack Mallers has stepped down as chief executive officer of Bitcoin treasury firm Twenty One Capital. He cited irreconcilable differences with the company’s board over its long-term strategy. Jack further wrote in a X post that he wants to return to building

Tether rethinks XXI's Bitcoin treasury model as Jack Mallers exits and new CEO Raphael Zagury targets cash flow.

(Bloomberg) -- A proposed merger of three crypto firms has been scrapped, with one of their leaders stepping down and another consolidating power across the Tether-backed franchise.Most Read from BloombergYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaChina AI Sensation Moonshot’s Gamble on Big Models Pays OffMoonshot’s Kimi K3 May Be More About Memory Than ComputeUS Strikes Iran in Escalating Campaign After Troops KilledIran Says Mediators Stepping In After Days of US ClashesTwenty

Mallers argued speculative capital chasing AI and prediction markets was never sustainable, Bitcoin demand to begin with.