Crypto

Tether Tightens Grip on Bitcoin Treasury Firm Twenty One With SoftBank Buyout

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In brief

  • Tether has acquired SoftBank’s stake in Twenty One Capital (XXI), completely removing the Japanese tech giant from the venture.
  • Shares that SoftBank purchased for nearly $1 billion last year were valued around $711 million on Wednesday.
  • SoftBank’s departure forced the immediate…

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