Twenty One Capital Builds Bitcoin Operating Model With 43,000-Bitcoin Treasury

Twenty One Capital Builds Bitcoin Operating Model With 43,000-Bitcoin Treasury

The company is developing capital-markets and energy-trading operations while considering ways to address a roughly 30% discount to its Bitcoin-backed value.

Building The Berkshire Hathaway Of Bitcoin

Twenty One Capital holds roughly 43,000 Bitcoin but trades at a discount, and CEO Rapha Zagury is working to fix that. He breaks down how to calculate Twenty One’s mNAV, why he doesn’t love the metric for an operating company, and whether share buybacks could be on the table. He also explains how Tether’s backing gives Twenty One permanent capital, a key edge over other treasury companies. Chapters:0:00 – Twenty One CEO Rapha Zagury on Building …

Building The Berkshire Hathaway Of Bitcoin | Twenty One Capital CEO Rapha Zagury - Bitcoin Magazine

Building The Berkshire Hathaway Of Bitcoin | Twenty One Capital CEO Rapha Zagury Bitcoin Magazine