After Twenty One Exit, Jack Mallers Says Bitcoin Taught Him Hard Lessons

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Strike founder Jack Mallers said Bitcoin’s bear market has left him "getting my ass kicked" in an essay published Friday, arguing that painful downturns expose reality rather than hide it. He made the remarks days after stepping down as CEO of Twenty One Capital, underscoring crypto market risk and resilience versus traditional finance but offering no immediate bullish catalyst for price or adoption.
Jack Mallers says Bitcoin’s bear market has left him “getting my ass kicked,” but the Strike founder believes that is exactly what makes the asset different from traditional financial systems.
In an essay published Friday, just days after stepping down as CEO of Twenty One Capital, Mallers argued that Bitcoin’s painful downturns expose reality instead of hiding it.
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