Bitcoin's Big Move: A New Player Enters Wall Street

A new company is about to make a splash on Wall Street. Twenty One Capital is set to start trading on the New York Stock Exchange (NYSE) on December 9. This is a big deal because it's the first time a company that focuses only on Bitcoin will be listed there. The company has a lot of Bitcoin. It owns about 43, 514 BTC, which is worth around $4 billion. This makes it one of the top three publicly traded companies with the most Bitcoin. The biggest holder is Strategy, with about 650, 000 BTC. Twenty One Capital is led by Jack Mallers, who is also the CEO of Strike. Strike is a company that uses the Bitcoin Lightning Network for payments. Mallers is known for his work in helping El Salvador adopt Bitcoin as legal tender. The company has some big backers. Tether and Bitfinex own most of it, and SoftBank Group and Cantor Fitzgerald have also invested. This shows that big institutions are starting to take Bitcoin seriously as a way to store value. One thing that makes Twenty One Capital different is how it tracks its Bitcoin. It uses a metric called Bitcoin Per Share. This lets investors see exactly how much Bitcoin the company has in real time. This is important because some other companies have been criticized for not being transparent about their holdings. The company is entering a market that's growing but also facing some challenges. Strategy, the biggest player, has a lot of Bitcoin, but it also has other businesses. Twenty One Capital plans to focus only on Bitcoin and related services. The timing of the NYSE listing is interesting. Bitcoin has been volatile lately, struggling to stay above $95, 000. Some analysts think the 2025 bull run might be over, but others think 2026 could be a good year. This listing will test if Wall Street is still interested in Bitcoin exposure through equity markets. It will also show if the Bitcoin treasury model can deliver value to shareholders. The company plans to focus on accumulating Bitcoin efficiently and developing services for the Bitcoin ecosystem.