BTC Writedown Sends Twenty One Capital to $414M Q2 Loss
The loss is mostly a mark-to-market hit on bitcoin holdings; the structural story is the 0.7x mNAV discount and a new CEO framing XXI as more than a pure bitcoin treasury.
Every Zipp story tagged #LeadershipChange, newest first.
The loss is mostly a mark-to-market hit on bitcoin holdings; the structural story is the 0.7x mNAV discount and a new CEO framing XXI as more than a pure bitcoin treasury.
Ondo's longtime president takes over a top RWA protocol mid-cycle, with the team signaling continuity rather than a strategic reset.
Conlan's June 15 departure is the latest in a string of senior marketing exits across top crypto venues, a pattern Binance and rivals frame as cost discipline as sponsorship budgets tighten.