Twenty One Capital unveils plan to acquire Strike and Elektron, pivoting to operating model

Filed April 30, 2026 · Period ending April 29, 2026 · ~1 min read

Key Changes

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  CEO Jack Mallers disclosed at Bitcoin 2026 Conference that the company plans to acquire Strike (Bitcoin financial services) and Elektron (Bitcoin mining platform), marking a fundamental shift from treasury holdings to an integrated operating business.

  Item 7.01 - Conference Presentation verify on EDGAR →
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  The company is transforming its business model to generate recurring revenue through financial services distribution and Bitcoin mining operations, moving beyond its current treasury-focused approach.

  Item 7.01 - Operating Strategy verify on EDGAR →
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  Twenty One plans to build large-scale Bitcoin mining infrastructure targeting industry-leading hashrate at competitive costs through the anticipated Elektron acquisition.

  Item 7.01 - Mining Strategy verify on EDGAR →