[IMPORTANT: Strike Founder Takes Helm at Tether-Backed Bitcoin Firm]

Jack Mallers, founder of Strike, has been named CEO of Twenty One Capital, a new Bitcoin-focused firm majority-owned by @Tether_to and backed by global institutions including @SoftBank and Cantor Fitzgerald. The firm is set to launch with a treasury of over 42,000 $BTC, valued at approximately $3.6 billion, making it the third-largest Bitcoin treasury among publicly traded companies. It plans to go public via a SPAC merger with Cantor Equity Partners.