Tether changes strategy for its Bitcoin treasury after just 7 months
Tether is reshaping the plans of Twenty One Capital (XXI) following Jack Mallers’ departure from the CEO position. In addition to canceling the integration of XXI with Strike, the company has begun to prioritize deals that generate cash flow, moving away from a strategy focused solely on accumulating more Bitcoin.
Despite the change, Twenty One remains among the largest corporate holders of BTC in the world. The new positioning shows that, even for companies highly exposed to Bitcoin, financial sustainability and revenue generation are becoming increasingly important. The decision could influence other firms that follow similar Bitcoin treasury models.
Do you believe companies should continue accumulating Bitcoin or prioritize cash flow in the current market?
#tether
Tether is reshaping the plans of Twenty One Capital (XXI) following Jack Mallers’ departure from the CEO position. In addition to canceling the integration of XXI with Strike, the company has begun to prioritize deals that generate cash flow, moving away from a strategy focused solely on accumulating more Bitcoin.
Despite the change, Twenty One remains among the largest corporate holders of BTC in the world. The new positioning shows that, even for companies highly exposed to Bitcoin, financial sustainability and revenue generation are becoming increasingly important. The decision could influence other firms that follow similar Bitcoin treasury models.
Do you believe companies should continue accumulating Bitcoin or prioritize cash flow in the current market?
#tether