Bitcoiner Jack Mallers vows commitment to Strike after joining Twenty-One Capital as CEO
The post Bitcoiner Jack Mallers vows commitment to Strike after joining Twenty-One Capital as CEO appeared on BitcoinEthereumNews.com.
Strike CEO Jack Mallers announced he wouldn’t let his new role as CEO of Twenty-One Capital, a Bitcoin treasury management service provider, distract him from leading Strike by any means. As of 2024, the Strike transacted more than $6 billion in volume under the CEO’s stewardship. Mallers wrote in a letter to the platform’s investors that he was not leaving the firm and that the new development was, in fact, “an extension of that commitment.” Maller continued to say he expects “8-9 figures in net profit in 2025” for Strike despite only having 75 workers. Mallers emphasizes Bitcoin-centric philosophy in a strategic shift to Twenty-One Capital Mallers had previously stated that he was a big supporter of Bitcoin. He claimed that if BTC won, humanity would win. In addition, before he made any business decisions, he said the first thing he asked himself was: Is this good for Bitcoin? Therefore, based on his argument following his announcement as CEO of Twenty-One Capital, the firm existed because it benefited Bitcoin and, hence, was good for the world. Mallers’ appointment at the company signifies a strategic alignment between the two entities focused on advancing Bitcoin adoption. According to Mallers, Twenty-One Capital was created to serve Bitcoin’s interests and to contribute positively to the world. Mallers differentiated Strike, a Bitcoin payments platform, from Twenty-One Capital and said the two companies had different purposes. Strike, he continued, focused on putting Bitcoin everywhere, and Twenty-One sought to increase Bitcoin ownership per share (BPS) and develop Bitcoin-native financial tools. Still, Mallers realized that the companies embraced a similar philosophy despite their various distinctions. He now emphasizes this philosophy: “If Bitcoin wins, we win.” Moreover, for the first time, Mallers disclosed Strike’s key performance indicators to the public. The company reported over $6 billion in revenue in 2024,…
Filed under: News - @ April 26, 2025 2:26 pm