Raphael Zagury, CEO of TwentyOne Capital (XXI), a US-listed Bitcoin accumulation company, stated that he plans to expand the company's current financial holdings of over 43,500 Bitcoins through a Berkshire Hathaway-style merger and acquisition (M&A) strategy (a method of continuously accumulating value generated by acquired companies while holding them for a long period after acquisition). He added in an interview with CoinDesk, "The way to increase Bitcoin holdings in the long term is to make the acquired companies contribute to the expansion of Bitcoin financial reserves in the process." TwentyOne Capital is the world's second-largest BTC holder, possessing approximately 43,514 BTC.
