Tether Buys SoftBank's 26% Twenty One Capital Stake, Lifts Ownership to 71%
businessmergers-acquisitionscrypto 2 posts · 2 accounts
Tether has bought SoftBank's roughly 26% stake in bitcoin treasury company Twenty One Capital for about $679 million, increasing Tether's ownership to around 71%.
From the sources (2 posts)
@techsnifTether acquires SoftBank's ~26% stake in Twenty One Capital for ~$679M, reaching ~71% ownership
@techmemeTether buys out SoftBank's ~26% stake in bitcoin treasury company Twenty One Capital, taking its stake to ~71%; SoftBank's stake was worth ~$679M (@emilyjnicolle / Bloomberg) (Visit Techmeme dot com for the link and full context!)