Bitcoin.com
Jack Mallers Steps Down from Twenty One Capital as $2.9B Bitcoin Treasury Shifts Leadership
July 21, 2026•12:44 PM
A major leadership shift is underway at Twenty One Capital as co-founder Jack Mallers officially steps down as CEO. Having steered the firm through its high-profile NYSE debut via a merger with Cantor Equity Partners, Mallers hands the reins to director Raphael Zagury, marking a pivotal moment for the firm's executive structure.
This transition comes as the company manages a massive $2.9 billion Bitcoin treasury, highlighting the growing institutionalization of digital assets. The departure of a key figure like Mallers, who was instrumental in the company's successful IPO, will be closely watched by investors monitoring the intersection of Bitcoin and traditional equity markets.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
Read Full Article at Bitcoin.com⚡
Support Jornal Bitcoin
Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.
Wallet of Satoshi
jonata@walletofsatoshi.comDaily Crypto Brief 📬
Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.
Join more than 10,000 smart readers.
Related News
Bitcoin.com★ Featured
Crypto to SpaceX in One Click: Uphold Bridges the Gap to Traditional Stocks
The wall between digital assets and traditional finance has officially crumbled. Uphold has launched a groundbreaking feature allowing users to transition directly from crypto holdings into over 4,000 stocks and ETFs, including high-demand assets like Apple and SpaceX, all within a single interface.
By enabling fractional stock trading fueled by crypto, Uphold is redefining portfolio diversification. This move allows investors to leverage their Bitcoin to fund traditional market plays instantly, effectively turning crypto volatility into a gateway for long-term equity growth and seamless asset management.
By enabling fractional stock trading fueled by crypto, Uphold is redefining portfolio diversification. This move allows investors to leverage their Bitcoin to fund traditional market plays instantly, effectively turning crypto volatility into a gateway for long-term equity growth and seamless asset management.
10:05 PMRead Brief →
Decrypt★ Featured
DAT Went Wrong: Satsuma to Unwind Bitcoin Treasury, Selling Off $43 Million in BTC
The Satsuma Bitcoin treasury strategy has hit a major roadblock, forcing the UK-based firm to initiate a massive asset liquidation. The company is set to unwind its position by selling off approximately $43 million in Bitcoin, returning the remaining funds to investors following a failed attempt to scale its BTC holdings.
This sudden pivot comes less than a year after the firm successfully raised $218 million. The decision to liquidate the Bitcoin treasury highlights the extreme risks associated with corporate crypto exposure and serves as a cautionary tale for institutional players navigating the volatile digital asset landscape.
This sudden pivot comes less than a year after the firm successfully raised $218 million. The decision to liquidate the Bitcoin treasury highlights the extreme risks associated with corporate crypto exposure and serves as a cautionary tale for institutional players navigating the volatile digital asset landscape.
09:32 PMRead Brief →
CryptoNewsZ★ Featured
Institutional Surge: Bitcoin ETFs Absorb $723M in Just 5 Consecutive Days
Institutional appetite for digital gold is reaching a fever pitch. Bitcoin ETFs have recorded a massive $723 million in inflows over five consecutive trading days, marking a significant period of sustained accumulation for BTC.
This relentless streak of inflows into Bitcoin ETFs highlights a strategic shift in institutional positioning. As these massive capital flows continue, they provide the necessary liquidity and momentum to potentially reshape the current Bitcoin price structure.
This relentless streak of inflows into Bitcoin ETFs highlights a strategic shift in institutional positioning. As these massive capital flows continue, they provide the necessary liquidity and momentum to potentially reshape the current Bitcoin price structure.
08:36 PMRead Brief →
Livecoins
Crypto Giant Exodus Slashes 25% of Workforce in Major NYSE-Listed Restructuring
Exodus, the NYSE-listed cryptocurrency firm, has officially announced a massive reduction in its global workforce. This 25% staff cut is a core component of a sweeping restructuring plan designed to streamline the company's organizational structure.
This pivot marks a significant shift in business focus, as the company moves to aggressively target the payments sector. Investors are closely monitoring how this strategic realignment will impact Exodus's market position and its long-term viability within the evolving crypto economy.
This pivot marks a significant shift in business focus, as the company moves to aggressively target the payments sector. Investors are closely monitoring how this strategic realignment will impact Exodus's market position and its long-term viability within the evolving crypto economy.
09:11 PMRead Brief →
Crypto Briefing★ Featured
Conflict Alert: Iran Activates Air Defenses in Tehran Amid Escalating Regional Tensions
The geopolitical landscape has hit a critical inflection point as Iran activates its air defense systems in Tehran. This strategic move, driven by rising regional tensions, signals a heightened state of military readiness that could trigger significant volatility across global markets and the broader crypto ecosystem.
Forecasts suggest a looming risk of full airspace closures, with probabilities of 30.5% by July 31 and increasing to 44% by August 31. As these tensions unfold, the potential for sudden shifts in market sentiment and the flight to safety remains a primary concern for institutional and retail investors alike.
Forecasts suggest a looming risk of full airspace closures, with probabilities of 30.5% by July 31 and increasing to 44% by August 31. As these tensions unfold, the potential for sudden shifts in market sentiment and the flight to safety remains a primary concern for institutional and retail investors alike.
08:32 PMRead Brief →
Crypto Briefing★ Featured
Geopolitical Flashpoint: Iran Escalates Attacks on US Navy in Strait of Hormuz
Global stability is under immediate threat as Iran escalates attacks on US Navy vessels within the critical Strait of Hormuz. This direct military confrontation heightens geopolitical volatility and threatens to disrupt essential global trade routes, creating a high-alert environment for international security.
As the situation unfolds, speculative models are already pricing in extreme outcomes, including a 27.5% probability of a US invasion of Iran before 2027. For the crypto market, such heightened systemic risk often serves as a catalyst for increased interest in decentralized assets as hedges against traditional financial instability.
As the situation unfolds, speculative models are already pricing in extreme outcomes, including a 27.5% probability of a US invasion of Iran before 2027. For the crypto market, such heightened systemic risk often serves as a catalyst for increased interest in decentralized assets as hedges against traditional financial instability.
08:22 PMRead Brief →
