Jack Mallers released an investor letter clarifying that he is still the CEO of Strike, and the company achieved a volume of $6 billion in BTC payment transactions last year.

Odaily News In response to questions from Strike investors regarding Jack Mallers serving as CEO of Twenty One, Jack Mallers published a letter to investors on the X platform. He stated that he is indeed currently serving as the CEO of the Bitcoin asset management company Twenty One Capital, but this will not affect his commitment and focus on Strike. Taking on the role of CEO at the new company is not a transfer of commitment, but an extension. Strike focuses on promoting Bitcoin payments globally, while Twenty One Capital aims to develop Bitcoin-native financial tools to provide investors with a more capital-efficient Bitcoin exposure. Jack Mallers also disclosed that Strike processed over $6 billion in transaction volume in 2024, achieving a year-on-year growth of 600%, with a gross margin of 85%, and expects to reach a net profit in the "8 to 9 figures" range in 2025. According to previous reports, Jack Mallers, the founder of Strike, will lead the Bitcoin purchasing company Twenty One, which is supported by Tether. The company's sole purpose is to maximize Bitcoin holdings. It is reported that the company has the backing of stablecoin issuer Tether, Softbank Group, and Wall Street investment bank Cantor Fitzgerald. The company's charter clearly states that it will focus solely on the accumulation of Bitcoin assets, with a massive initial holding equivalent to 0.2% of the current Bitcoin circulating supply, ranking among the top 5 publicly listed companies in Bitcoin holdings.