Jack Mallers, the young of Chicago who once preached the virtues of Bitcoin (BTC) from an empty closet, has traveled an unlikely path: to be an evangelist of the world’s leading digital asset to become a titan of global finances.
At 31, Mallers is not only Strike’s CEO, a Bitcoin -based payment platform, but also the Twenty One Capital leader, an investment firm backed by giants such as Tether, Softbank and Cantor Fitzgerald, which seeks to redefine the accumulation of Bitcoin in capital markets.
His story is that of a rebel who, without giving up his ideals, has climbed to the highest circles of financial power. It is curious, but remember that your Bitcoin inflection point happened in our region, here in Latin America, in Bitcoin Beach of El Zonte in El Salvador.
This little coastal town became a laboratory for the adoption of Bitcoin, and Mallers, with their charisma and vision, played a key role in convincing President Nayib Bukele to adopt Bitcoin as legal tender in 2021.
Mallers is convinced that Bitcoin is hope for a better future, underlining his belief in BTC as a tool to combat economic inequality and inflation. His work in El Salvador catapulted him as a leader in Bitcoin’s global adoption.
Now and after years of defending the fundamentals of Bitcoin, Mallers is taking a monumental leap when assuming the leadership of Twenty One Capital, a company created to accumulate Bitcoin and compete with giants as Michael Saylor Strategy.
Cryptonoticias recently reported that Twenty One, backed by an initial investment of USD 585 million from Tether, SoftBank, Bitfinex and Cantor Fitzgerald, plans to acquire 42,000 BTC at the time of its launch, with an assessment of USD 3.6 billion. The firm, which will be listed in Nasdaq under the XXI ticket after a fusion with Cantor Equity Partners, seeks to be «the final vehicle for Bitcoin exposure in capital markets.»
The support of Cantor Fitzgerald, a firm with 79 years of history and custody of Tether’s reserves, marks a milestone in the trajectory of Mallers. Howard Lutnick, former director of Cantor and current Secretary of Commerce of the United States, and his son Brandon, president of Cantor Equity Partners, have opted for the vision of Mallers.
As this newspaper pointed out, this alliance reflects the confidence that Bitcoin will prosper in a favorable political context, especially under the administration of Donald Trump, which has promoted pro-written policies.
Transformation of Mallers within a world of investors «in suit»
The transformation of Mallers has not been exempt from challenges. His irreverent style, interviews in sweatshirts, speeches passionate from closets, contrasts with the expectations of institutional investors accustomed to polished executives. In addition, leading simultaneously Strike and Twenty One is generating questions about their ability to keep the focus.
In a letter to Strike investors, Mallers said that his commitment to the payment platform will not falter, emphasizing that both projects share a common goal: «If Bitcoin wins, humanity wins.»
Philosophically, Mallers embodies a paradox: a defender of decentralization that now operates in the heart of the centralized financial system.
His mantra, «Bitcoin is the most scarce asset in the world,» reflects his belief in digital asset as a refuge against Fíat devaluation. However, your incursion on Wall Street raises questions about whether you can keep your rebel ethos while sailing the complexities of public markets. As he said in an interview with Bloomberg, «we measure the success in Bitcoin, not in Fíat.»
The impact of Mallers transcends finance. His work in El Salvador inspired other countries to explore the adoption of Bitcoinand its predictions on the potential of BTC – as an increase of up to 1,486% in its current price – have captured the attention of global investors.
In a world where confidence in institutions erodes, Mallers offers a vision of economic empowerment, from the beaches of El Zonte to the New York Boards.
The case of Jack Mallers is a reflection of Bitcoin’s evolution itself: from a marginal experiment to a pillar of the financial system. His ability to move between worlds – from Bitcoiner activism to corporate leadership – makes it a singular figure.
As he himself tweeted in April 2025, «if we can fix the money, we can fix the world.» This message, which resonated in the zonte and now on Wall Street, encapsulates its legacy.
As Twenty One Capital prepares for its debut in Nasdaq, the eyes of the financial world are put in Mallers. Can this rebel bitcoiner transform the accumulation of Bitcoin into a mainstream strategy without losing its essence? Only time will say it, but one thing is safe: Jack Mallers is no longer just an evangelist of Bitcoin; He is an architect of the financial future.
In a world where disruptive ideas are often diluted in the system, Mallers represents a rare combination of idealism and pragmatism. From the waves of Bitcoin Beach to Manhattan skyscrapers, his trip demonstrates that a rebel can become a leader while still being faithful to his cause.