Twenty One Capital, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 13, 2026, reporting total assets of approximately $3.75 billion and digital assets held at fair value of approximately $3.64 billion.

Key Highlights

  • Total assets: According to the filing, total assets were $3,752,216 thousand as of September 30, 2026, compared to $3,926,877 thousand as of December 31, 2025.
  • Digital assets (non-current): The company reported digital assets at fair value of $3,643,080 thousand as of September 30, 2026, down from $3,799,458 thousand at December 31, 2025.
  • Cash and cash equivalents: Cash stood at $102,846 thousand as of September 30, 2026, compared to $117,703 thousand at year-end 2025.
  • Convertible notes: The filing disclosed convertible notes of $484,654 thousand as of September 30, 2026.
  • Shares outstanding: As of November 9, 2026, the company reported 346,659,785 shares of Class A common stock and 215,736,011 shares of Class B common stock issued and outstanding.
  • Company classification: The registrant indicated it is a non-accelerated filer, smaller reporting company, and emerging growth company.

Twenty One Capital's Financial Position as of September 30, 2026

Twenty One Capital, Inc. (NYSE:XXI), a Texas-incorporated company headquartered at 111 Congress Avenue, Suite 500, Austin, Texas, filed its quarterly report covering the period ended September 30, 2026. The filing shows total assets declined from $3,926,877 thousand at December 31, 2025 to $3,752,216 thousand at September 30, 2026, with digital assets at fair value representing the dominant component of the balance sheet at $3,643,080 thousand in non-current holdings.

According to the filing, total current assets were $108,262 thousand, comprised primarily of cash and cash equivalents of $102,846 thousand and prepaid expenses and other current assets of $5,416 thousand. The company disclosed that current digital assets at fair value were zero as of September 30, 2026, compared to $87 thousand at December 31, 2025. Total liabilities were $487,963 thousand, consisting of accounts payable and accrued expenses of $3,309 thousand and convertible notes of $484,654 thousand.

The filing notes that the company's Class A common stock, par value $0.01 per share, is authorized up to 5,000,000,000 shares and is listed on the New York Stock Exchange under the trading symbol XXI. The company disclosed its commission file number as 001-42977. Forward-looking statements contained in the report, including those relating to Bitcoin price and volatility, Bitcoin treasury management, and potential transactions with a party identified as Elektron, are the company's own and are subject to its cautionary language as described in the filing.

What Was Disclosed

Twenty One Capital filed its Q3 2026 quarterly report disclosing a balance sheet dominated by digital assets at fair value of $3,643,080 thousand, cash of $102,846 thousand, and convertible notes of $484,654 thousand, with 346,659,785 Class A and 215,736,011 Class B shares outstanding as of November 9, 2026.