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Bitcoin treasury company 21 Capital posts $413.5 million net loss in Q2

2026.08.11 - 14:37

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TechFlow reports that on August 11, Twenty One Capital announced a net loss of $413.5 million for the second quarter, primarily due to a $401.5 million decline in the value of its Bitcoin holdings.

New CEO Raphael Zagury stated that the Tether-backed company will no longer be limited to a Bitcoin reserve positioning in the future, and plans to pursue businesses such as acquisitions, capital market operations, and Bitcoin-backed lending.

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