Twenty One Capital weighs STRC-style preferred stock to buy Bitcoin
- —Zaguri called the instrument a "practical option" for raising capital, not a done deal
- —Strategy raised about $2.52 billion via STRC in July 2025 and bought 21,021 BTC
- —Twenty One Capital is backed by Tether and builds its strategy around a large Bitcoin treasury
- —Zaguri took over as CEO on July 20, 2026, after Jack Mallers' departure
Why it matters: If XXI issues an STRC-like instrument, it would provide another funding channel for BTC purchases and could set an example for other public Bitcoin companies.
Source: The Crypto Times