Backed by Tether and SoftBank, Twenty One Capital, led by Strike CEO Jack Mallers, will go public via a SPAC deal and launch with one of the largest Bitcoin treasuries in the world.
Bitcoin climbs 4.42% to reach $88,300, outpacing the Nasdaq and hitting new highs alongside gold. Major corporate purchases from Strategy and Metaplanet signal sustained demand.
Accelerating ETF inflows, dwindling exchange supply, and potential U.S. strategic reserves are setting the stage for unprecedented Bitcoin scarcity—making even a $1 million price target suddenly plausible.