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Tether buys SoftBank's stake in Twenty One Capital, aiming to build a full Bitcoin financial firm.

Market News
20 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

Tether has acquired SoftBank's stake in Twenty One Capital, increasing its control over the company. This move is part of a larger plan to transform Twenty One from a passive Bitcoin treasury holder into a vertically integrated Bitcoin financial company, expanding into mining, lending, financial services, and capital markets. The acquisition signals a shift toward crypto-native capital building comprehensive Bitcoin infrastructure without relying on traditional institutional partners. If successful, Twenty One could evolve into a Bitcoin-focused financial conglomerate rather than just a treasury vehicle.

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