The cryptocurrency market has just welcomed a significant advancement as Twenty One – a newly established company with the mission to 'hold onto Bitcoin tightly' – officially launched and announced it will hold over 42,000 BTC, equivalent to about 4 billion USD on its balance sheet. This is not only a positive signal for Bitcoin but also reflects a strong belief in the long-term future of the entire crypto industry.
#TwentyOne is not just a random name. The project is backed by big names like Tether, Softbank, and Cantor Fitzgerald, and is led by Jack Mallers – the person behind the famous payment app Strike, which allows for quick Bitcoin transactions via the Lightning Network without any fees.
It is noteworthy that this company does not merely 'hold for the sake of holding.' According to Mallers, the sole goal of Twenty One is to raise as much capital as possible to buy more Bitcoin in the coming years. This is a statement full of determination, showing that Bitcoin continues to be the top strategic asset that large organizations are aiming for as a long-term store of value, amidst the volatility faced by the traditional financial system.
The emergence of Twenty One also means that MicroStrategy officially has a worthy competitor on the path of large-scale accumulation #bitcoin . Instead of competing negatively, the appearance of more 'institutional whales' like Twenty One further strengthens market confidence in Bitcoin as an international reserve asset – similar to gold but programmable and instantly transferable.
As more and more global financial organizations view Bitcoin as part of their long-term strategy, the crypto market will no longer be seen as a short-term speculative game, as many once thought. Instead, it is gradually becoming a core part of the future of global finance – where major players, long-term capital, and practical infrastructure are together building a new world, where digital assets have a solid place.
⚠️ Risk Warning: Investing in cryptocurrency can yield high returns but also poses significant risks. Please consider carefully, do your own research before making decisions, and only invest money you can afford to lose.