Tether buys SoftBank's Twenty One Capital stake as board reps step down from Bitcoin strategy company
tether.io •
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Promote with Leviathan NewsTether International acquired SoftBank's stake in Twenty One Capital, the Bitcoin-focused company it already controls, and SoftBank's board representatives stepped down at closing. The release frames it as Tether doubling down on XXI's long-term Bitcoin strategy after SoftBank helped shape the company's early institutional setup. No purchase price or stake size was disclosed, so the real signal is governance: SoftBank is out, Tether is leaning further into XXI as its public Bitcoin-company bet.
TLDR by @Benthic
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