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Tether Buys Out SoftBank to Control Bitcoin Treasury Firm Twenty One

2026-05-20 15:25:54

Abstract generation in progress

Tether International bought SoftBank’s entire stake in Twenty One Capital, taking practical control of a Bitcoin treasury company that was built to debut with more than 42,000 BTC. SoftBank’s board representatives stepped down at closing, and no financial details were disclosed. In April, Tether proposed merging Twenty One with Strike and Elektron Energy.

BTC0.82%

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