According to a shareholder letter filed with the U.S. Securities and Exchange Commission (SEC) by Twenty One Capital (NYSE: XXI), a NYSE-listed Bitcoin treasury company, the company recorded a net profit of $1.087 billion in the third quarter of 2026, primarily driven by a $1.093 billion non-cash gain from the increase in the fair value of Bitcoin. As of September 30, the company held 43,514 BTC with a fair value of approximately $3.643 billion, and approximately $103 million in cash and cash equivalents. The company has approximately $487 million in outstanding convertible notes, secured by approximately 16,116 BTC. CEO Rapha Zagury stated that the company is evaluating business opportunities in Bitcoin mining, lending, treasury, and energy sectors, aiming to build a business that generates cash flow independently of Bitcoin price appreciation, and will consider share buybacks when the share price falls below the corresponding asset value per share. https://(wublock123.com)/news/twenty-one-capital-q3-net-income-1-087b-bitcoin-mark-to-market-71920