Tether buys SoftBank’s stake in Bitcoin company Twenty One Capital

CoinTelegraph·

Tether buys SoftBank’s stake in Bitcoin company Twenty One Capital

60-second summary

Tether is acquiring SoftBank's 26% stake in Twenty One Capital, expanding its control over the public Bitcoin holder. This move positions Tether to further integrate into lending, mining, and capital markets.

The stablecoin issuer bought SoftBank’s 26% stake, expanding its control over the public Bitcoin holder as it moves into lending, mining and capital markets.