Deep Tide TechFlow news: On May 20, Tether announced that it has acquired SoftBank’s stake in Twenty One Capital (XXI), further increasing its controlling stake in the company. After the transaction was completed, SoftBank’s appointed members to XXI’s board resigned in accordance with the shareholders’ agreement. Tether said that this move reflects its continued confidence in XXI’s long-term Bitcoin strategy and that XXI is one of the important opportunities to build a publicly listed company around Bitcoin from scratch.

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