Twenty One Seeks Bitcoin Whale Status, Announces Major Acquisition

Jack Mallers announced on YouTube that Twenty One, a new company, is focused on large-scale Bitcoin accumulation, intending to become a major player in the cryptocurrency space.

The move could significantly influence Bitcoin markets, reminiscent of similar strategies that led to bull runs and increased market confidence.

Twenty One’s Strategic Bitcoin Accumulation Announced

Jack Mallers announced the launch of Twenty One, targeting Bitcoin accumulation at scale. The announcement was made on April 24, 2025, positioning the company as a significant Bitcoin-focused entity.

Mallers, known for his advocacy at Strike, aims to create a public company committed to Bitcoin. This initiative excludes altcoins, emphasizing a pure focus on Bitcoin. “We’re building a Bitcoin-native public company that does nothing but acquire, hold, and build for Bitcoin. No altcoins. No distractions. Just Bitcoin.” – Jack Mallers, Founder, Twenty One

Bitcoin Price Up 8% Following Announcement

Market sentiment has turned bullish, with Bitcoin prices increasing by 8% following the announcement. The industry speculates Twenty One could impact the market significantly if inflow patterns are publicly traceable.

Some experts highlight potential for a major bull run, citing past whale accumulations by firms like MicroStrategy. This could increase trading volumes and confidence in the broader crypto ecosystem.

Echoes of MicroStrategy’s 2020 Bitcoin Moves

Comparisons are drawn to MicroStrategy’s Bitcoin accumulation in 2020, which preceded price surges. Analysts see whale activity as a harbinger of bullish market behavior during previous cycles.

Past data reveals high-value acquisitions have consistently led to price hikes. If Twenty One’s strategy aligns with historic trends, a similar outcome could materialize, bolstering market dynamics.