Tether Takes Control of Twenty One Capital After Buying Out SoftBank
Bitcoin Magazine
Tether has acquired SoftBank's stake in Twenty One Capital, consolidating its control over the prominent Bitcoin treasury company.Summary
Tether International has purchased SoftBank's entire stake in Twenty One Capital, a Bitcoin treasury company co-founded by Jack Mallers. This acquisition removes the last major external founding stakeholder, effectively transforming Twenty One Capital into Tether’s primary public Bitcoin operating arm. The move follows the initial launch of the venture by Tether, SoftBank, and Bitfinex, and aligns with broader plans to integrate Strike and Elektron Energy into an expansive Bitcoin holding company.
(Source：Bitcoin Magazine)