The leadership shuffle arrives as Twenty One Capital abandons its previously announced plans to acquire Strike. The firm, which entered the public markets late last year via a merger with Cantor Equity Partners, confirmed that while the Strike deal is off the table, negotiations regarding a potential combination with Elektron Energy remain ongoing. Mallers and Zagury are currently collaborating to facilitate a transition for the company as it seeks to integrate financial services and mining infrastructure into a single Bitcoin-native platform.
Jack Mallers Steps Down as Twenty One Capital CEO
Jack Mallers has resigned as chief executive of Bitcoin-focused firm Twenty One Capital to dedicate his full attention to his digital payments venture, Strike. Raphael Zagury, a current board member and founder of Elektron Energy, will immediately assume the helm of the Austin-based company to lead its next phase.
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