Twenty One Capital becomes the second-largest publicly listed BTC treasury company, with a holdings market value of over $2.9 billion.

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Deep Tide TechFlow News, March 27 — According to Cointelegraph, after the mining company MARA sold part of its holdings, Twenty One Capital, owned by Jack Mallers, has become the second-largest Bitcoin treasury company among publicly traded firms, currently holding 43,514 BTC with a market value of over $2.9 billion, second only to Strategy’s 762,099 BTC.

MARA sold a total of 15,133 BTC by March 2026, cashing out approximately $1.1 billion, dropping to third place. Analyst Tyler Rowe pointed out that MARA aggressively borrowed and accumulated Bitcoin during the bull market, and is now forced to sell at a loss to repay debts, confirming long-standing warnings about debt-driven treasury strategies.

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