Welcome to our dedicated page for Twenty One Capital SEC filings (Ticker: XXI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Twenty One Capital, Inc. filings document a Bitcoin-focused public company with registration statement disclosures, material agreements, capital-structure information, and governance records. The company identifies as an emerging growth company in its Exchange Act reports.
Recent filings include Form 8-K disclosures for Regulation FD materials, operating-strategy presentations, director election and board-governance matters, executive compensation and option-award arrangements, and security-structure disclosures tied to its public-company structure. Registration statements and amendments provide formal disclosures on agreements, securities, and risk categories associated with its Bitcoin-related business model.
Twenty One Capital, Inc. (symbol: XXI) is the issuer of record for a Form 4 filing submitted to the SEC. Goldschmidt David J reported acquisition or exercise transactions in this Form 4 filing.
Twenty One Capital, Inc. (XXI) reported that director David J. Goldschmidt received an annual equity award of 15,205 shares of Class A common stock on September 8, 2026. The award represents approximately $91,000 in value at $6.00 per share, and he now holds 15,205 shares directly. No Rule 10b5-1 plan is reported.
Twenty One Capital, Inc. (XXI) had a Form 3 filed by director David J. Goldschmidt, serving as his initial statement of beneficial ownership as a director. The filing reports no transactions, no share holdings, and notes an attached Exhibit 24 Power of Attorney authorizing filings on his behalf.
Twenty One Capital, Inc. (XXI) announced that its Board of Directors appointed David J. Goldschmidt to the Board, effective September 8, 2026. His term runs until the 2027 annual general meeting of shareholders or until an earlier termination event. He was also appointed to the Board’s Audit Committee, effective the same date.
Under an Independent Director Agreement, Mr. Goldschmidt will receive an annual cash retainer of $150,000 and an annual award of Class A stock valued at $150,000. He will also receive $20,000 per year for serving on the Audit Committee, payable in monthly cash installments and prorated for partial years, plus reimbursement of reasonable travel and related expenses.
Twenty One Capital, Inc. (XXI) reported that CEO Raphael Zagury delivered a keynote presentation on August 27–28, 2026 at the Bitcoin Asia 2026 conference in Hong Kong discussing the Bitcoin mining industry. The event materials, including a transcript and slide deck, are furnished as exhibits.
Zagury described what he characterizes as Bitcoin’s first extended “hashrate bear market,” contrasting the current economics-driven decline in network hashrate with the 2021 China mining ban. He focused on mining as a commodity business driven by position on the cost curve, emphasizing power costs and machine efficiency, and discussed conditions under which mining might outperform simply holding Bitcoin. He also argued that mining is an extremely flexible energy load that can absorb surplus power and shut down quickly to support grid stability, framing debates around mining as debates about energy allocation. The company cautions that these materials contain forward‑looking statements and industry estimates and are for informational purposes only.
Twenty One Capital, Inc. reported that CEO Raphael Zagury issued a shareholder letter alongside second-quarter results, outlining how the company aims to evolve beyond serving solely as a Bitcoin treasury. The letter emphasizes that Twenty One holds one of the largest Bitcoin balance sheets in the public markets and highlights management’s view that the stock trades at a material discount to the value of its Bitcoin holdings, which they characterize as a misallocation of capital.
Zagury describes a strategic focus on building a Bitcoin-native operating company through priorities spanning corporate structure and governance, operating businesses, capital markets activities, mergers and acquisitions, and lending and credit. He also discusses the relationship with controlling shareholder Tether and commits to a rigorous and transparent related-person transaction framework. The company plans to support open-source Bitcoin software and infrastructure and to communicate with investors via at least quarterly shareholder letters and its website and social channels.
Twenty One Capital, Inc. is updating its prospectus to cover the resale by existing holders of up to $464,045,000 aggregate principal amount of 1.00% convertible notes due 2030 and up to 33,450,252 shares of Class A common stock issuable upon conversion of those notes, and to incorporate its latest quarterly report.
For the six months ended June 30, 2026, the company reported a net loss of $1,273,231,231, driven mainly by a non-cash $1,249,295,396 loss from the change in fair value of its Bitcoin holdings. Bitcoin holdings were 43,514 units with a fair value of $2,550,162,413, and cash was $106,132,084. Convertible notes payable totaled $484,543,716. The company classifies itself as an emerging growth and smaller reporting company and focuses on accumulating Bitcoin, developing Bitcoin education content, and preparing Bitcoin-centric financial services.
Twenty One Capital, Inc. reported a large interim loss mainly driven by Bitcoin price volatility. For the six months ended June 30, 2026, the company posted a net loss of $1.27 billion, largely due to a $1.25 billion loss from change in fair value of its Bitcoin holdings, on top of $21.3 million in operating expenses. No revenue has yet been generated.
As of June 30, 2026, the company held 43,514 Bitcoin valued at $2.55 billion (at $58,605 per Bitcoin), compared with $3.80 billion at year-end 2025, and cash of $106.1 million. Total assets were $2.66 billion, with $486.1 million of liabilities, including $484.5 million of 1.0% convertible senior notes due 2030, secured by approximately 16,116 Bitcoin. Management states current liquidity is sufficient for at least one year. Subsequent to quarter-end, CEO Jack Mallers resigned and director Raphael Zagury was appointed CEO; the company also decided not to pursue a previously announced potential acquisition of Strike.
Lalljie Paul S reported acquisition or exercise transactions in this Form 4 filing.
Twenty One Capital, Inc. reported that director Lalljie Paul S received an annual equity award of 23,237 shares of Class A common stock on August 6, 2026, valued at $5.50 per share, for an approximate grant value of $128,000.
The award covers the initial term ending at the next annual meeting and brings his directly held Class A common stock position to 23,237 shares. The filing indicates this grant was not made pursuant to a Rule 10b5-1 trading plan.
Olsoni Karl E. reported acquisition or exercise transactions in this Form 4 filing.
Twenty One Capital, Inc. reported that director Karl E. Olsoni received a grant of 23,506 shares of Class A common stock on 2026-08-06. This represents his annual equity award for the initial term ending at the next annual meeting, valued at approximately $118,000 using a $5.00 per-share reference price. Following this award, he directly holds 23,506 Class A shares.
Twenty One Capital, Inc. reported that Chief Financial Officer Steven Meehan had 4,271 shares of Class A common stock withheld on July 29, 2026 at $4.35 per share to satisfy tax withholding upon the vesting of RSUs. After this tax-related, non-market disposition, he directly holds 181,720 shares.