Announcing Proof of Reserves for Twenty One As Bitcoiners, we hear a lot about how Wall Street has arrived to #Bitcoin. With Twenty One, #Bitcoin has arrived on Wall Street. Don't trust, verify. We will be publishing multiple addresses over the next week proving our #Bitcoin reserves. Our first address can be seen below, which contains 4,812.22 BTC that was acquired via proceeds of a prior transaction: We are also announcing today that, as of May 22, the Convertible Note Investors (all but one) and the Sponsor have exercised the option in full to purchase, in the aggregate, $100 million of Option Convertible Notes. See the Form 8-K below. Over the next week, the four more #Bitcoin addresses we plan to publish are as follows: - 14,000 BTC that's been contributed by Tether - 7,000 BTC that's been contributed by Bitfinex - 10,500 BTC that's an additional contribution from Tether on behalf of SoftBank - The BTC we intend to acquire via the proceeds from the transaction announced today The contributions are subject to closing of the previously announced business combination with Cantor; following such closing the BTC reserves will be transferred to wallets owned by Twenty One.

Replies (44)

Ofaku2's avatar
Ofaku2 7 months ago
Appreciate you not going the Saylor way on POR.
ESE's avatar
ESE 7 months ago
Bro, it is amazing all you are doing for the success of Bitcoin, but hey, what about the node runners? Come on, give us something, say something about the spam. Say at 21; we will run knots and help Bitcoin not end up like Ethereum, where nobody can run a node without being rich.
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nobody 7 months ago
No one wants your stonks. Go back to twitter scammer.
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nobody 7 months ago
Don’t buy stonks from from the evil empire. Dont let Jack’s innocent face fool you. He crossed over. Be wary of him. image
rapadu's avatar
rapadu 7 months ago
Working overtime, Jack. Don’t forget to get enough rest.
BDC's avatar
BDC 7 months ago
PoR is the new standard. Jack Ballers for the three!
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jack mallers's avatar jack mallers
Announcing Proof of Reserves for Twenty One As Bitcoiners, we hear a lot about how Wall Street has arrived to #Bitcoin. With Twenty One, #Bitcoin has arrived on Wall Street. Don't trust, verify. We will be publishing multiple addresses over the next week proving our #Bitcoin reserves. Our first address can be seen below, which contains 4,812.22 BTC that was acquired via proceeds of a prior transaction: We are also announcing today that, as of May 22, the Convertible Note Investors (all but one) and the Sponsor have exercised the option in full to purchase, in the aggregate, $100 million of Option Convertible Notes. See the Form 8-K below. Over the next week, the four more #Bitcoin addresses we plan to publish are as follows: - 14,000 BTC that's been contributed by Tether - 7,000 BTC that's been contributed by Bitfinex - 10,500 BTC that's an additional contribution from Tether on behalf of SoftBank - The BTC we intend to acquire via the proceeds from the transaction announced today The contributions are subject to closing of the previously announced business combination with Cantor; following such closing the BTC reserves will be transferred to wallets owned by Twenty One.
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ARVIN's avatar
ARVIN 7 months ago
If youre a publicly traded “bitcoin treasury company” and you don’t publish proof of reserves, do you even have bitcoin? View quoted note →
Transparency is building trust! Proof of work is making it stronger! @jack mallers you are crushing it!! Keep up the fantastic work you and your team is doing!
I’d like to see that instead of virtue signaling. Dunking on Saylor is funny but makes no difference in the long run.