{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-119445","form_type":"8-K","ticker":"XXI","cik":"0002070457","company_name":"Twenty One Capital, Inc.","filed_at":"2025-12-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.524970+00:00","generated_at":"2026-05-16T13:51:44.187747+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Twenty One Capital closes business combination, to trade on NYSE as XXI with 43,500+ Bitcoin","bullets":["Holds over 43,500 Bitcoin, third largest public corporate holder; majority-owned by Tether and Bitfinex, with SoftBank minority.","Business combination includes $486.5M senior convertible notes PIPE and ~$365M common equity PIPEs.","Class A common stock begins trading on NYSE Dec 9, 2025 under ticker 'XXI'.","Plans to build Bitcoin-native financial services, lending, capital markets advisory, and educational media."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-119445","json":"https://secwatch.observer/filing/0001213900-25-119445.json","markdown":"https://secwatch.observer/filing/0001213900-25-119445.md","text":"https://secwatch.observer/filing/0001213900-25-119445.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2070457/000121390025119445/0001213900-25-119445-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2070457/000121390025119445/ea0268794-8k_twenty.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:51:44.187747+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}