Jack Mallers, founder of Strike, has been appointed CEO of Twenty One, a Bitcoin-focused company backed by Tether, SoftBank, and Cantor Fitzgerald. Mallers predicts a market rebound driven by Bitcoin's liquidity sensitivity, emphasizing Bitcoin's role as a replacement for the existing financial system rather than a disruptor. Twenty One's charter focuses on accumulating Bitcoin assets, with the company currently holding over 40,000 BTC.