Twenty One Capital stories

Aug 11, 2026

Twenty One Capital reports $414 million Q2 loss as new CEO plans expansion beyond Bitcoin treasury

Twenty One Capital's new CEO Raphael Zagury announced plans to expand the Bitcoin treasury firm beyond its balance sheet strategy, following a $414 million second-quarter loss and cumulative losses of $1.27 billion.

Aug 11, 20262 sources

Jul 21, 2026

Jack Mallers Steps Down as Twenty One Capital CEO, Replaced by Raphael Zagury

Twenty One Capital said Jack Mallers stepped down as CEO effective July 20, 2026, to focus on his bitcoin payments company Strike, and its board appointed Raphael Zagury as his successor. Twenty One and Strike also determined that Strike would remain an independent business and would no longer be considered for a combination, while a possible combination with Elektron Energy remains under evaluation.

Jul 21, 20269 sources