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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, 2026·9 sources
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Top claims

  • ▪Raphael Zagury resigned from Twenty One Capital's audit, compensation, and nominating committees effective July 15, 2026, but continues to serve as a board director.
  • ▪Twenty One Capital is continuing to evaluate a proposed combination with Elektron Energy, a bitcoin mining and infrastructure firm founded and led by Raphael Zagury.
  • ▪Jack Mallers is returning full-time to focus on Strike, the bitcoin payments company he founded.

Topics

BitcoinStablecoinsBitcoin paymentsBitcoin news

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