Twenty One Capital holds 43,514 Bitcoin worth up to $2.9B as treasury stays locked in

Twenty One Capital takes $414 million Q2 loss as new CEO plots path to become 'more than a Bitcoin treasury'

Twenty One Capital posted $413.5M Q2 loss from 43.5K BTC depreciation; new CEO Zagury pivots to Berkshire-style operating company with M&A. Stock at 0.7x mNAV discount signals investor doubt that passive crypto holding generates sustainable shareholder value.