Tether Tightens Grip on Bitcoin Treasury Firm Twenty One With SoftBank Buyout – Decrypt

May 21, 2026 - 04:15
Tether Tightens Grip on Bitcoin Treasury Firm Twenty One With SoftBank Buyout – Decrypt
In brief Tether has acquired SoftBank’s stake in Twenty One Capital (XXI), completely removing the Japanese tech giant from the venture. Shares that SoftBank purchased for nearly $1 billion last year were valued around $711 million on Wednesday. SoftBank’s departure forced the immediate resignation of its board designees, leaving XXI temporarily non-compliant with NYSE rules....

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