Satoshi Nakamoto Statue Installed at NYSE as Bitcoin Gains Wall Street Recognition
Twenty One Capital has installed the sixth of 21 Satoshi Nakamoto statues at the New York Stock Exchange (NYSE), under the ticker XXI. The sculpture, created by artist Valentina Picozzi, symbolizes the shared ground between emerging systems and established institutions, as described by the NYSE. This installation is part of a global campaign to place 21 monuments representing Bitcoin's 21 million supply cap at significant locations worldwide. Previous statues have been installed in Budapest, Tokyo, and El Salvador's Bitcoin Beach, while a Lugano statue was stolen in August.
Twenty One Capital holds approximately 43,500 BTC, valued at over $3.9 billion, making it the world's third-largest corporate Bitcoin holder. The company recently merged with Cantor Equity Partners in a special purpose acquisition company (SPAC) deal, although its stock fell about 19% on its trading debut following the merger, according to Bloomberg. The firm is majority-owned by Tether and Bitfinex, with minority investment from SoftBank, positioning itself as a Bitcoin-native business that aims to offer more than just Bitcoin accumulation.
Jack Mallers, CEO of Twenty One Capital and founder of Strike, stated that the statue's placement reflects Bitcoin's evolution from code to a cultural phenomenon. At the time, Bitcoin was trading around $90,121, down approximately 2.3% after the Federal Reserve's third consecutive 25 basis point rate cut. Fed Chair Jerome Powell indicated only one more cut in 2026, with futures markets pricing in a high probability that rates will remain unchanged at the next meeting.