Jack Mallers’ $3.9B Bitcoin Venture vs. Saylor & BlackRock
Yo, crypto fam! What if I told you a 31-year-old Bitcoin maxi is taking on Michael Saylor AND BlackRock with a $3.9 billion Bitcoin stash? This is Jack Mallers, and his new venture, Twenty One Ventures, is shaking up the crypto world. I’m BitGalactic, your crypto guide with a decade in the game, and today, we’re diving deep into this bold move. Stick around for my take, some spicy history, and what this means for YOUR crypto future. Let’s roll!
Alright, let’s break it down. Twenty One Ventures just launched with a plan to scoop up 42,000 Bitcoin—worth about $3.9 billion at today’s prices. That’s no small fry! Leading the charge is Jack Mallers, a Bitcoin die-hard who’s been in the space since 2016. This guy’s got serious cred—his company Strike pioneered Lightning Network payments, and he even helped El Salvador adopt Bitcoin as legal tender in 2021. Talk about street cred!
But here’s the kicker: Twenty One isn’t just hodling. They’re backed by heavyweights like Tether, SoftBank, and Cantor Fitzgerald, and they’re planning to use debt to amplify their Bitcoin gains. It’s like Michael Saylor’s MicroStrategy playbook but with a twist—Mallers calls BlackRock’s $48 billion Bitcoin ETF “static” and says his approach will outshine it. Bold? Yes. Risky? Oh, absolutely. Bitcoin’s volatility could make that leverage a double-edged sword.
As someone who’s watched crypto evolve for 10 years, I see this as a high-stakes power move. Jack’s not wrong—Bitcoin’s market cap hit $1.8 trillion in March 2025, up 120% from last year, per CoinGecko. Institutional adoption is exploding, with 63% of hedge funds now holding crypto, according to a 2025 PwC report. But leverage? That’s where I raise an eyebrow. In 2017, we saw over-leveraged crypto funds crash hard when Bitcoin dropped 50% in weeks. History could repeat if Twenty One isn’t careful.
Mallers’ “Bitcoin-only” vibe also stirs the pot. He’s a maxi through and through, dismissing Ethereum and Solana as scams. I get the passion—Bitcoin’s security and decentralization are unmatched—but alienating the broader crypto crowd might limit his influence. Still, his track record with Strike and El Salvador shows he’s not just talk.
Let’s rewind for context. Back in 2020, Michael Saylor’s MicroStrategy started gobbling up Bitcoin, now holding 534,000 BTC worth $49 billion. It was a game-changer—corporate treasuries suddenly saw Bitcoin as digital gold. Fast forward to 2025, and we’ve got copycats like Japan’s Metaplanet dropping $56 million on BTC and even GameStop jumping in. Twenty One’s plan feels like Saylor 2.0, but with leverage and a louder mouthpiece in Mallers.
The catch? Some OGs, like podcaster Daniel Prince, say this corporate Bitcoin grab goes against Satoshi’s vision of financial freedom. In 2011, Bitcoin was about bypassing banks, not becoming Wall Street’s darling. Mallers himself preached this in 2021, so his pivot to Twenty One has some purists crying “sellout.”
So, what’s next? If Bitcoin keeps climbing—analysts predict $120,000 by Q4 2025—Twenty One could be sitting on a goldmine. But if we hit a bear market, that debt could sink them. My bet? Mallers’ hustle will keep him in the game, but he’s gotta balance the maxi rhetoric with broader appeal.
What do YOU think? Is Jack Mallers the next Bitcoin king, or is he overplaying his hand? Drop your thoughts in the comments, and let’s debate—maxi, multi-coin, or something else? Oh, and smash that like button if you’re riding the Bitcoin wave!
That’s a wrap, crypto fam! If you loved this deep dive, hit that subscribe button and ring the bell for more crypto insights from BitGalactic. We’re here to navigate the wild world of crypto together. Follow me on Youtube for daily updates, and I’ll see you in the next video. Stay galactic, and keep stacking those sats!
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