Every Zipp story tagged #Strike, newest first.
Two February margin calls already hit Bitcoin treasury firms in 2026, and undisclosed trigger ratios mean no one outside the lenders can rank who is closest to the next one.
The changes separate Twenty One's leadership from Strike and leave its proposed transaction with Elektron Energy as the only merger under evaluation.
Strike drops out of the proposed combination, leaving Twenty One Capital to weigh a slimmed-down tie-up with Elektron Energy and pivot toward acquisitions, capital markets, and BTC-backed lending.
The product swaps price-triggered margin calls for a 10-day payment grace period, a structural shift that turns bitcoin-backed borrowing into a credit question rather than a price bet.
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