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Tether buys SoftBank's stake in Twenty One Capital, gaining full control over $4B Bitcoin treasury.

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

Tether has completed the acquisition of SoftBank's entire ownership in Twenty One Capital (XXI), gaining full control over one of the largest public Bitcoin treasuries holding about 43,500 BTC valued at around $4 billion. This move ends SoftBank's involvement and consolidates governance under Tether, enabling a unified strategy across mining, treasury, and lending operations. The acquisition strengthens Tether's position in Bitcoin infrastructure and supports its broader plan to integrate mining, lending, and financial services within a single enterprise. Industry experts see this as a significant step in institutional Bitcoin adoption and digital asset development.

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