Twenty One Capital (NYSE: XXI), a bitcoin treasury company backed by Tether, reported a $413.5 million net loss in Q2 2026. About $401.5 million of the loss resulted from the lower value of its bitcoin holdings as BTC prices fell. CEO Raphael Zagury said bitcoin’s price volatility strongly affects the company’s financial results because BTC is a major part of its assets. He also said the company plans to expand beyond being a bitcoin treasury business. Its future strategy includes acquisitions, using capital markets to raise more funds, and developing bitcoin-backed lending services.$BTC $XXI.US $BNB

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