Twenty One Capital AI Stock Analysis
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Twenty One Capital (XXI) AI Stock Analysis
Twenty One Capital
(NYSE:XXI)
The score is held down primarily by weak financial performance (large losses, no revenue shown, and negative cash flow) and bearish technicals (below key moving averages with negative MACD). A moderately supportive earnings-call tone and a relatively stronger 2025 balance-sheet/leverage profile provide some offset, while valuation signals are limited due to the negative P/E and no dividend data.
Twenty One Capital (XXI) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $50.98M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.91M
- Price to Earnings (P/E)
- -0.3
- Beta (1Y)
- 2.61
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- US
- Employees
- 3
- Sector
- General
- Sector Strength
- 55
- Industry
- Asset Management
Twenty One Capital Business Overview & Revenue Model
Company Description
Twenty One Capital, Inc. is focused on Bitcoin-related business. It offers shareholders a differentiated opportunity to gain exposure to Bitcoin through the equity markets. The company was founded on March 7, 2025 and is headquartered in Austin, TX.
Twenty One Capital Earnings Call Summary
The call had a positive strategic tone, supported by a $1.1 billion third-quarter net income result, a large Bitcoin treasury, lower operating expenses, strengthened governance, and plans to build cash-generating businesses. However, the company remains in an early transition phase, with a cumulative nine-month net loss, a nine-month Bitcoin fair-value loss, unresolved acquisition details, market-discount pressure, Bitcoin volatility, and significant secured debt obligations. Highlights significantly outweighed the stated challenges, resulting in a positive overall sentiment.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management expects Twenty One to look “very different a year from now” and to make “meaningful progress across all of these fronts through the next 12 months,” building operating businesses that generate cash flow, developing capital markets operations and lending capabilities, and allocating capital intelligently from a foundation of 43,514 Bitcoin, $102.8 million in cash as of September 30th, and $486.5 million of convertible bonds outstanding; the company is “not building the company around a price forecast,” and expects a stronger business, more sources of cash flow, and more ways to compound value for shareholders, while remaining patient, raising capital when the timing and terms make sense, and considering share repurchases where liquidity approvals and trading restrictions permit.
Twenty One Capital Financial Statement Overview
Summary
Financials are mixed but skew weak: the income statement and cash flow profiles are poor (no revenue shown, a very large 2025 net loss, and negative operating/free cash flow), partially offset by a stronger 2025 balance sheet with substantial equity and moderate leverage.
Income Statement
18Very NegativeBalance Sheet
62PositiveCash Flow
21Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -429.88M | -14.56M | 1.54M | -252.87K | -6,644 | -17.83K |
| Net Income | 452.62M | -217.34M | 1.54M | -252.87K | -6,644 | -17.83K |
Balance Sheet | ||||||
| Total Assets | 3.75B | 3.93B | 102.37M | 0 | 191 | 234 |
| Cash, Cash Equivalents and Short-Term Investments | 102.85M | 117.70M | 25.00K | 0 | 0 | 0 |
| Total Debt | 484.65M | 484.33M | 332.99K | 182.43K | 149 | 111 |
| Total Liabilities | 487.96M | 486.81M | 443.10K | 295.04K | 233 | 226 |
| Stockholders Equity | 3.26B | 3.44B | 101.93M | -295.04K | -42 | 7 |
Cash Flow | ||||||
| Free Cash Flow | -13.25M | -2.37M | -137.59K | -33.51K | 0 | 0 |
| Operating Cash Flow | -13.25M | -2.37M | -137.59K | -33.51K | 0 | 0 |
| Investing Cash Flow | 0 | -713.20M | -100.00M | 0 | 0 | 0 |
| Financing Cash Flow | -1.61M | 833.27M | 100.16M | 33.51K | 0 | 0 |
Twenty One Capital Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XXI, the sentiment is Negative. The current price of 4.95 is below the 20-day moving average (MA) of 5.52, below the 50-day MA of 5.92, and below the 200-day MA of 6.24, indicating a bearish trend. The MACD of -0.23 indicates Positive momentum. The RSI at 35.24 is Neutral, neither overbought nor oversold. The STOCH value of 6.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for XXI.
Twenty One Capital Peers Comparison
Overall Rating
- XXI47Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| XXI | 47Neutral | $3.26B | -0.26 | -14.20% | ― | ― | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| XXI | Twenty One Capital, Inc. | 4.95 | -8.81 | -64.03% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 13, 2026