Twenty One Capital (XXI), the bitcoin treasury company co-founded by Jack Mallers, is trading at $11 after its Tuesday debut on the New York Stock Exchange.
The company holds 43,514 BTC, according to BitcoinTreasuries.NET an amount worth more than $4 billion. This amount makes XXI the third-largest bitcoin treasury company in the world.
TradingView reports approximately 3.4 million shares traded since market open. Twenty One Capital is trading at $11 as of 11:02 a.m. ET.
In addition to its treasury business, Twenty One Capital is also focused on Bitcoin financial services, media and lending, according to a press statement.
"Bitcoin is honest money. That's why people choose it, and that's why we built Twenty One on top of it," Mallers, the firm's co-founder and CEO, said in a statement.