XXI
BTC Holdings
36312
Share Price
$28.19
Current trading price per share
Market Cap
$344.3M
Total market capitalization
Enterprise Value
$356.2M
Market cap plus debt minus cash
NAV Multiple
0.077
Net Asset Value multiplier
BTC / Market Cap
1,292.87%
Bitcoin holdings as % of market cap
About XXI
XXI, listed on Nasdaq with the ticker CEP, is a Bitcoin-native financial technology company headquartered in Austin, Texas. Established through a strategic merger with Cantor Equity Partners, a special-purpose acquisition company, XXI emerged as a purpose-built entity to integrate Bitcoin into corporate finance. Its core operations focus on accumulating Bitcoin and developing financial products that leverage Bitcoin’s infrastructure, aiming to redefine capital markets through a Bitcoin-denominated framework.
The company’s treasury strategy centers on holding Bitcoin as a primary reserve asset, viewing it as a foundation for financial stability and a hedge against fiat-based systems. XXI’s broader digital asset strategy involves creating Bitcoin-native financial tools, such as lending models and capital market instruments, to facilitate corporate adoption of decentralized finance. By prioritizing Bitcoin per share as a key performance metric, XXI aligns its operations with Bitcoin’s fixed supply, fostering a model that emphasizes long-term value creation over traditional financial metrics.
Led by CEO Jack Mallers, a recognized figure in the cryptocurrency space, XXI boasts a strong industry presence through partnerships with major players like Tether, Bitfinex, and SoftBank. Its leadership team drives a vision of building financial infrastructure rooted in Bitcoin’s principles of transparency and scarcity. XXI’s commitment to innovation and advocacy for Bitcoin’s global adoption positions it as a transformative force in the evolving digital economy, ensuring enduring relevance
Recent Developments
- Jun 3, 2025: Bitcoin holdings increased by 24500.00 BTC to 36312 BTC with cost basis of $105.9K (BTC @ $43.22)
- Jun 2, 2025: Bitcoin holdings increased by 7000.00 BTC to 11812 BTC with cost basis of $105.7K (BTC @ $40.33)
- May 9, 2025: Bitcoin holdings increased by 4812.00 BTC to 4812 BTC with cost basis of $103.3K (BTC @ $34.14)
XXI — Bitcoin Holdings Over Time
May 9, 2025 - Present
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XXI — Stock vs BTC Dynamics
May 9, 2025 - Present
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Balance Sheet History