PANews reported on April 26 that according to Cointelegraph, in response to Strike investors' doubts about Jack Mallers' concurrent role as CEO of Twenty One, Jack Mallers published an investor letter on the X platform. He said that he is indeed currently the CEO of Bitcoin asset management company Twenty One Capital, but this will not affect his commitment and attention to Strike. Serving as CEO of 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 instruments to provide investors with more capital-efficient Bitcoin exposure.
Jack Mallers also disclosed that Strike processed more than US$6 billion in transaction volume in 2024, achieving a year-on-year growth of 600%, with a gross profit margin of 85%, and it is expected that the company's net profit will reach "8 to 9 figures" in 2025.
