# Building the Berkshire Hathaway of Bitcoin | Twenty One Capital CEO Rapha Zagury

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> Source: BITERMINAL — https://biterminal.rendrr.app/feed/building-the-berkshire-hathaway-of-bitcoin-124-twenty-one-capital-ceo-rapha-zagury

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## Metadata

- **Category:** price
- **Subcategory:** price
- **Sentiment:** bullish
- **Published:** 2026-10-09T13:46:33.201Z
- **URL:** https://biterminal.rendrr.app/feed/building-the-berkshire-hathaway-of-bitcoin-124-twenty-one-capital-ceo-rapha-zagury

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## Summary

Twenty One Capital CEO Rapha Zagury describes an ambition to build a Bitcoin-focused company modeled on Berkshire Hathaway, while UTXO’s Loren Asmus argues that Bitcoin could become a destination for capital from the roughly $300 trillion bond market. Together, the discussions frame Bitcoin’s opportunity as extending beyond individual adoption toward institutional-scale capital allocation. The key implication is that vehicles and strategies that connect traditional markets to Bitcoin may broaden demand, though the scale of any shift remains uncertain.

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## Sources

1. https://bitcoinmagazine.com/videos/utxos-loren-asmus-the-300t-bond-market-is-bitcoins-next-frontier
2. https://bitcoinmagazine.com/videos/building-the-berkshire-hathaway-of-bitcoin-twenty-one-capital-ceo-rapha-zagury

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