Twenty One Capital holds $3.64bn in digital assets after third quarter drop
The bitcoin treasury company reported total assets of $3.75bn in its latest SEC filing. Cash reserves fell to $102.8m over the nine-month period.
Key takeaways
- 1Digital assets at fair value reached $3.64bn as of 30 September 2026.
- 2Total corporate assets fell from $3.93bn to $3.75bn over nine months.
- 3Cash balances dropped to $102.8m from $117.7m at the end of 2025.
- 4Convertible notes accounted for $484.7m of $488.0m in total liabilities.
Twenty One Capital held $3.64bn in digital assets at fair value at the end of the third quarter, down from $3.80bn at the end of 2025. The bitcoin treasury firm disclosed the updated balance sheet in a Form 10-Q filing with the US Securities and Exchange Commission.
Total assets at the company fell to $3.75bn as of 30 September 2026, compared with $3.93bn at the end of December 2025. Cash and cash equivalents declined to $102.8m from $117.7m over the same period, while prepaid expenses and other current assets rose to $5.4m.
The SEC filing showed $484.7m in convertible notes liability, which accounted for most of the firm's $488.0m in total liabilities. Twenty One Capital ended the quarter with 346.65m Class A common shares and 215.74m Class B common shares outstanding.
In management commentary included with the report, the company cited bitcoin price volatility, political conditions, and capital market execution as key factors affecting its plan to grow bitcoin holdings per share.
Reported and edited by the YourKhabri desk under our editorial policy. Nothing here is investment advice.