In a recent interview, Jack Mallers said that Twenty One Capital set a goal to increase its assets to about 43,500 BTC, retaining the average purchase price of Bitcoin $ 87,280 per coin. According to him, Twenty One Capital intends to use its cash flow to purchase more cryptocurrency, while developing financial products and services with an accent for bitcoin.
A huge abyss arose on the crypto, Mallers said. On the one hand, there are crypto -tires like Coinbase, where different digital assets are traded. On the other hand, there are large companies such as Strategy that buy bitcoins by selling corporate bonds and store cryptocurrency. But this is where the activities of such Strategy companies end. The founder of Strike boasted that Twenty One Capital is ready to take the “middle ground”: attract capital, increase their reserves in bitcoins and provide financial services based on bitcoin in order to “fill this market niche”.
“Bitcoin is an asset that, in the process of its formation, can reach $ 500 trillion. Fix the value of bitcoin, which is created today and take it with you at tomorrow. Every day you exchange your hard work for something, hoping that this will bear fruit in the future. The fiat system is broken. Bitcoin is a solution, ”said Jack Mallers.
In May, Mallers announced that Bitcoin could reach $ 250,000 in this bull cycle. In his opinion, there is a possibility that the first cryptocurrency can grow up to $ 1 million.
Source: Bits
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