Tether Acquires Stake in SoftBank's Twenty One Capital to Bolster Bitcoin Strategy

SoftBank has resigned from the board, Tether International announced on the 20th that it has acquired the stake previously held by SoftBank in Twenty One Capital (hereafter referred to as XXI), where it serves as the leading shareholder. According to filings with the U.S. Securities and Exchange Commission (SEC), the number of shares acquired amounted to 89.1 million, based on an agreement SoftBank concluded last year, valued at approximately $999.3 million...