Jack Mallers' Twenty One Capital surges after majority holder Tether proposes 3-way merger
Tether has proposed merging its majority-held Twenty One Capital with Strike and Elektron Energy, creating a unified bitcoin platform combining treasury, mining, financial services, and lending. XXI shares surged 8% post-announcement. The deal would position the combined entity as a premier listed bitcoin company, expanding beyond treasury holdings into recurring revenue operations and long-term bitcoin accumulation.
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Eric Trump says bitcoin in its 'greatest period ever' as Wall Street falls in line
Eric Trump declared Bitcoin in its "greatest period ever" at Las Vegas 2026, citing record ETF launches, corporate treasury adoption, and banks offering Bitcoin-backed mortgages. Bloomberg's Eric Balchunas highlighted Bitcoin ETFs as historically successful products, democratizing access for retail investors. Trump emphasized institutional momentum, sovereign adoption, and limited supply creating structural market compression, signaling sustained mainstream financial integration.
Strategy and Blockstream CEOs Paint Vision of Bitcoin’s Financial Future
Strategy CEO Phong Le and Blockstream's Adam Back discussed Bitcoin's institutional future, emphasizing treasury strategies, tokenization, and digital credit products. Strategy holds 818,334 BTC, nearing one million coins. Their STRC product offers 11.5% annual dividends funding Bitcoin purchases. Both executives predicted tokenization will reshape markets, enabling 24/7 trading and peer-to-peer asset transfers, signaling mainstream financial adoption ahead.
Morgan Stanley Executive on Bitcoin: ‘We Are Still So Early on This Journey’
Morgan Stanley's head of digital assets says bitcoin adoption hinges on client education, not product innovation. The bank's Bitcoin Trust attracted $100M in first-week flows, though advisor uptake remains slow. Oldenburg emphasizes bitcoin's $1.5 trillion market cap and distinction from broader crypto, citing persistent misconceptions about the asset's early history as key barriers to institutional allocation growth.