Jack Mallers drops BTC per share metric as Twenty One stock falls 84%
The post Jack Mallers drops BTC per share metric as Twenty One stock falls 84% appeared on BitcoinEthereumNews.com.
During Jack Mallers’ 2025 media tour, undertaken after he took Twenty One public with Cantor Equity Partners I, he repeatedly assured shareholders that he’d try to buy as much bitcoin (BTC) as possible, increase BTC per share, generate cash flows to buy BTC, and take on leverage to buy BTC. However, Twenty One hasn’t bought any BTC since July. Moreover, Mallers thinks BTC per share isn’t particularly important anymore. In addition, he has “no idea” why the company’s stock has declined from $50 to nearly $8 per share. In fact, Mallers is so tired of people asking about BTC per share that he’s removed the company’s BTC holdings from its website. Just last month, the company disclosed 43,514 BTC on its homepage but those numbers are now nowhere to be found. Jack Mallers explains why he deleted BTC per share When asked about this deletion, as well as the lack of news posted to this website since April 2025, Mallers answered, “We took off the BTC per share metric because I think it’s less important. I think BTC per share was really top of mind for us when we initially launched.” He continued, “I think it’s become clear, in my opinion, that the market wants a BTC equity that can do things like get leverage, and give maximal exposure to BTC, with cash flow, without having to dilute common shareholders or potentially sell their BTC. “We’ve seen certain BTC treasury companies have to sell their BTC. We’ve seen certain BTC treasury companies have to dilute shareholders to finance themselves. So in that world, I think the metric makes less sense.” Read more: Tether thinks Jack Mallers will keep focus on Twenty One’s BTC, not USDT ‘No idea’ why the stock fell 84% Despite not buying BTC since July, not increasing…
Filed under: News - @ January 21, 2026 11:26 am