Jack Mallers, CEO of Bitcoin-focused technology company Twenty One, announced that they expect the company to go public in the third quarter of 2025 following an examination by the US Securities and Exchange Commission (SEC).
Mallers said that at the time of the IPO, the company will have over 43,000 Bitcoins and over $5 billion in $BTC assets.
Mallers stated that the company continues to increase its $BTC holdings, saying, “As 21, we believe in Bitcoin long-term. Our strategy is not just to hold, but also to build $BTC-based products.” With this move, the company is expected to become the third-largest institutional Bitcoin holder in the world, behind MicroStrategy and Marathon Digital.
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