Hey there, crypto enthusiasts! If you’ve been keeping an eye on the Bitcoin space, you’re in for a treat. Blockworks Research just dropped an exciting update to their Treasury Companies Dashboard, and it’s all about tracking a new player: Twenty One Capital (CEP). This move comes just in time as the company is gearing up for a pending merger, which could shake things up in the crypto world. Let’s dive into what this means and why it matters!

What’s New with the Dashboard?

The updated dashboard now includes some juicy details about Twenty One Capital, giving us a clearer picture of how this company fits into the Bitcoin treasury landscape. You’ll find metrics like:

• BTC Holdings and NAV (Net Asset Value): This shows how much Bitcoin CEP is holding and its overall value, which is super helpful for gauging its financial health.
• Share of BTC Supply Held: A cool stat that tells us what percentage of the total Bitcoin supply CEP controls—pretty significant for market influence!
• Trading Volume/Market Cap: This tracks how much CEP’s stock is being traded and its market value, giving insight into investor interest.
• mNAV (Market Net Asset Value): A key figure that compares the market value of CEP’s assets to its net asset value, often used to spot undervaluation or overvaluation.

Since the merger is still pending, these numbers might shift, so it’s a good idea to check back for the latest updates. The dashboard is publicly available, so feel free to explore it yourself and see the data in action!

Why This Matters

The inclusion of Twenty One Capital is a big deal, especially with a merger on the horizon. Mergers can lead to big changes in a company’s strategy, valuation, and how it manages its Bitcoin stash. For instance, the chart above shows a massive spike in BTC holdings starting around late May, with CEP leading the pack. This suggests some serious accumulation, which could be a sign of confidence in Bitcoin’s future—or a strategic move ahead of the merger.

For blockchain practitioners and investors, this update is a goldmine. It’s a chance to analyze how treasury companies like CEP are positioning themselves in the market. Plus, with the merger pending, there’s potential for volatility, which could affect everything from stock prices to the broader crypto market.

What to Watch For

The crypto community on X is already buzzing about this. Some are excited about the NAV focus, which can highlight gaps between a company’s market price and its actual value (Dorothy Smith’s take). Others, like Chill with Mei, are predicting wild swings in metrics due to the merger. It’s a reminder to keep an eye on how these changes play out, especially if you’re into trading or long-term investing.

Final Thoughts

Blockworks Research is doing an awesome job keeping us informed with tools like this dashboard. Whether you’re a seasoned crypto pro or just dipping your toes into the world of Bitcoin treasuries, this update offers a front-row seat to the action. Head over to the dashboard and let us know what you think—drop your thoughts in the comments or hit up @smyyguy with any questions!

Stay tuned to Meme Insider for more updates on the latest crypto trends and how they might tie into the wild world of meme tokens. Happy investing!