Standard 21: the first Bitcoin-native treasury company founded in Spain
A Madrid-headquartered corporation dedicated to accumulating and managing Bitcoin as its primary reserve asset. Inspired by the Strategy model, localized for the Spanish-speaking investor ecosystem and the European regulatory framework.
Positioning
Standard 21 operates as a pure-play treasury: its value proposition is concentrated on accumulating Bitcoin on the balance sheet with institutional discipline. Founded by Luis Gelado Crespo and Carlos Sánchez de Vivar, it represents for Spain what Strategy brings to the United States, Metaplanet to Japan, The Smarter Web Company to the United Kingdom or Capital B to France: a vehicle for corporate exposure to the Bitcoin standard, adapted to the European regulatory framework and the Spanish-speaking investor.
The thesis
Fiat money steadily loses purchasing power through structural inflation. Bitcoin, with a programmed maximum supply of 21 million and an immutable monetary policy, is the soundest reserve asset available for the long term. Converting the corporate treasury into Bitcoin is the rational response to that scenario — the Strategy model, with a Spanish methodology.
Four pillars
Business model
Regulated institutional treasury offering companies, family offices and qualified investors direct access to Bitcoin as a reserve asset.
2026 target
Exceed 1,000 BTC accumulated on the balance sheet before the close of fiscal year 2026. A public, auditable accumulation curve.
Leadership
Led by Luis Gelado Crespo (CEO) and Carlos Sánchez de Vivar, with a shared thesis on Bitcoin as the definitive asset for preserving value against structural inflation.
Infrastructure
Institutional custody with professional multi-sig schemes and financial engineering optimized to maximize Bitcoin per share (BTC Yield) for shareholders.
Founders
Standard 21 and SatsIntel
SatsIntel is the editorial and analytics platform published by Standard 21 S.A. Two complementary identities:
- Standard 21 operates as a Bitcoin treasury company: it accumulates and manages the asset with institutional discipline.
- SatsIntel democratizes the sector's intelligence: it covers the international corporate Bitcoin ecosystem with verifiable data and editorial analysis.
Editorial coverage of Standard 21 within SatsIntel is held to the same rigor as every other treasury company in the directory. Whenever an analysis cites Standard 21 data, the editorial relationship is disclosed explicitly and transparently.