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Twenty One Capital Files for Public Listing with 43,500 BTC Treasury and Bitcoin Per Share Metric

Twenty One Capital is advancing toward a public listing under stock ticker ‘XXI’ with one of the world’s largest corporate Bitcoin holdings. The company’s treasury currently contains 43,500 BTC, securing its position as the third-largest corporate Bitcoin holder globally following a recent 5,800 BTC acquisition.

The firm will implement a Bitcoin Per Share (BPS) metric to track shareholder value exclusively in Bitcoin-denominated terms. This innovative performance indicator aims to establish XXI as a pure Bitcoin-centric investment vehicle, distinct from traditional equity benchmarks.

Major institutional backers including Tether, Bitfinex, SoftBank, and Cantor Fitzgerald support the initiative. The listing is designed to provide investors with direct exposure to Bitcoin’s potential appreciation while leveraging corporate treasury management strategies.

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