Strike CEO Jack Mallers Assures Investors, Twenty One Focus Won’t Distract from $6B in Volume Success

Jack Mallers, the CEO of Strike, reassured investors that his new role as the CEO of Bitcoin treasury firm Twenty One Capital will not divert his attention from leading Strike. Mallers disclosed that Strike processed over $6 billion in volume in 2024. He emphasized that every decision he makes is based on whether it is “good for Bitcoin.” Mallers clarified that Strike’s focus is on making Bitcoin accessible globally, while Twenty One Capital aims to increase Bitcoin ownership per share (BPS) and introduce Bitcoin-native financial tools. The launch of Twenty One Capital, backed by Tether, SoftBank, and Cantor Fitzgerald, is seen as a challenge to Michael Saylor’s Strategy in becoming the preferred choice for investors seeking capital-efficient Bitcoin exposure. Mallers shared Strike’s key metrics for the first time, revealing impressive figures such as over $6 billion in volume, 600% year-on-year growth, and an 85% gross profit margin. Despite having 75 employees, Strike anticipates generating 8-9 figures in net profit in 2025. Speculation arose regarding how Mallers would manage both Strike and Twenty One Capital, with some suggesting a potential acquisition of Strike by Twenty One Capital in the future. However, Mallers and Strike have not indicated any plans for such a move. The crypto community eagerly awaits to see how Mallers’ dual role unfolds in the coming months.

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