Tether XXI, Strike, and Electron BTC Merger

Tether Investments, the investment arm of stablecoin giant Tether, has taken a bold step in the Bitcoin ecosystem with a proposed three-way merger between Twenty-One Capital, Strike, and Elektron Energy. This move aims to create the world's leading publicly listed Bitcoin company integrating mining, treasury management, and financial services.

Details of the Tether XXI, Strike, and Elektron Energy Triple Merger

Twenty-One Capital (XXI), ranking second in Bitcoin reserves among public companies, holds 43.514 BTC worth approximately $3.3 billion. Having gone public in December via a SPAC merger with Cantor Equity Partners, XXI has Tether's strong backing. Strike, led by Jack Mallers, offers Bitcoin buying, selling, custody, transactions, and lending services in over 100 countries, while activating a $2.1 billion credit facility. Elektron Energy manages about 5% of the Bitcoin network with 50 EH/s mining capacity and has produced thousands of BTC with low production costs.

XXI Bitcoin Reserves and Treasury Management Strength

XXI's treasury operations are at the center of the merger. Its 43.514 BTC reserve provides a solid buffer against market fluctuations. These reserves, as highlighted in BTC detailed analysis, serve as a source of liquidity and stability for institutional investors. The merger will integrate this treasury with mining and financial services to increase efficiency.

Strike's Consumer-Focused Bitcoin Services

Strike's brand strength and $2.1 billion credit facility bring Bitcoin lending and Lightning Network-based fast transactions to individual users. Mallers described the merger as a "great idea" at the Bitcoin 2026 conference. The company issued a press release late in the evening confirming plans to potentially acquire Strike and Elektron.

Elektron Energy's BTC Mining Infrastructure

50 EH/s capacity covers 5% of the network hash rate. Low-cost mining creates hedging opportunities in the BTC futures market. The merger will enable vertical integration by channeling mining revenues directly to the treasury, meaning energy efficiency and competitive advantage in BTC production.

Merger Leadership: Zagury and Mallers Partnership

Raphael Zagury is proposed as chairman; Mallers' product leadership complements Zagury's capital markets expertise. This duo will accelerate operational efficiency and growth strategies.

Market Reaction and BTC Technical Levels

The market reacted positively to the news; XXI shares rose 3% to close at $8.06. BTC price at $78.099,44 with +0.93% change in a sideways trend (RSI 61,04). The table below shows key levels:

Supports	Level	Score	Distance
S1	71.926,08$	69/100 ⭐	-8,06%
S2	75.677,05$	65/100 ⭐	-3,26%

Resistances	Level	Score	Distance
R1	79.424,53$	94/100 ⭐	+1,53%
R2	84.650,36$	54/100	+8,21%

Supertrend bearish, below EMA20 at 76.026$. The merger could accelerate consolidation in the BTC sector, supporting a long-term rally.