Jack Mallers holds 43k BTC, and now Tether, the stablecoin giant, is backing him, beginning to expand into publicly traded companies.

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Tether announced that it has acquired SoftBank’s stake in Twenty One Capital (XXI). After the transaction is completed, SoftBank’s representative will step down from the Twenty One board of directors. After the announcement, TradingView data showed that Twenty One’s pre-market stock price rose 5.6% to $8.05. Twenty One is led by CEO Jack Mallers, the founder of Strike. Data shows it holds 43,514 BTC, ranking second among publicly traded companies’ Bitcoin holdings. (The Block)
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