On July 22, 2026, CEO Raphael Zagury participated in a fireside chat at the Mining Disrupt 2026 conference. Zagury discussed the company's strategic shift from a pure Bitcoin treasury model toward becoming a Bitcoin operating company. He emphasized a strategy of acquiring cash-flow-positive operating businesses to generate alpha and improve risk-adjusted returns for shareholders, comparing the desired model to Berkshire Hathaway's approach of using cash-flow-generating segments to fund diverse investments. The company currently holds over 43,000 Bitcoin. Twenty One Capital, Inc. is a Bitcoin-focused investment and operating company.
