FeesSafety
Pluang+

Twenty One Capital posts $1.09B Q3 profit driven by bitcoin gains despite negative cash flow.

Market News
13 Nov 2026, 23:41 WIB
Bitcoin
View Source
Neutral
Twenty One Capital posts $1.09B Q3 profit driven by bitcoin gains despite negative cash flow.

Twenty One Capital reported a $1.087 billion net income in Q3 2026, mainly from unrealized gains on its bitcoin holdings as bitcoin prices surged. Despite this profit, the company's shares fell nearly 10% over the week and operating cash flow remained negative, highlighting challenges in generating cash from operations. Management plans to build sustainable revenue streams through bitcoin-related businesses and may consider share buybacks if stock prices stay undervalued. The company also strengthened governance with new board appointments and manages $486.5 million in convertible debt backed by bitcoin collateral.

Twenty One Capital's Q3 2026 financial results provide context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 14, 2026 05:02 WIB: out of 50 priced cryptocurrencies, 9 rose and 40 fell. Bitcoin (BTC) traded at Rp1.246.997.124 with a 1-day change of -4.14% and a Pluang order activity split of 33% Sell to 67% Buy.

More News

Texas Pacific Land leads peers with a 30.81% ROIC, far exceeding its 7.73% cost of capital.

Texas Pacific Land leads peers with a 30.81% ROIC, far exceeding its 7.73% cost of capital.

Texas Pacific Land Corporation reported a high Return on Invested Capital (ROIC) of 30.81%, significantly surpassing its Weighted Average Cost of Capital (WACC) of 7.73%. This strong performance results in the highest ROIC-to-WACC ratio of 3.98 among...

Market News
Bullish
1 hour ago
Gatekeeper now available on AWS Marketplace for streamlined vendor and contract management.

Gatekeeper now available on AWS Marketplace for streamlined vendor and contract management.

Gatekeeper, a unified Vendor and Contract Lifecycle Management solution, is now available for purchase through AWS Marketplace. This integration allows organizations using AWS to buy Gatekeeper via their existing AWS accounts, simplifying vendor gove...

Others
Bullish
2 hours ago
Organic Grower Summit 2026 adds live ag tech demos at Reservoir Farms for hands-on grower experience

Organic Grower Summit 2026 adds live ag tech demos at Reservoir Farms for hands-on grower experience

The Organic Grower Summit (OGS) 2026, held Dec. 2–3 in Monterey, California, introduces an exclusive offsite AGTech Reception & Field Demos at Reservoir Farms. Sponsored by John Deere, Western Growers Association, and Reservoir, this event offers gro...

Others
Bullish
3 hours ago
New brain cancer drug data and trials spotlighted at Society for Neuro-Oncology meeting

New brain cancer drug data and trials spotlighted at Society for Neuro-Oncology meeting

At the 31st Annual Society for Neuro-Oncology meeting, biotech firms NeOnc, Nuvation Bio, Jazz Pharmaceuticals, and Cerenome presented new clinical data on brain cancer treatments. Highlights include NeOnc's NEO100 and NEO212 therapies advancing towa...

Market News
Bullish
3 hours ago
Subsea 7 wins $50M-$150M contract for deepwater project in US Gulf of Mexico starting 2028

Subsea 7 wins $50M-$150M contract for deepwater project in US Gulf of Mexico starting 2028

Subsea 7 has secured a sizeable contract from Kosmos Energy for the Tiberius Project in the US Gulf of Mexico, involving fabrication and installation of subsea infrastructure at about 2,200 meters depth. The work includes a 14-kilometer steel riser, ...

Market News
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App