Tether company acquires SoftBank stake to strengthen control

Tether, the company engaged in issuing stablecoins on the global market, has officially announced the acquisition of a stake in the Twenty One Capital project from SoftBank Group Corporation. This was reported by Zamin.uz.

As a result of this agreement, Tether has strengthened its control over the company, which is one of the largest publicly traded entities in the world and holds a significant amount of Bitcoin in its reserves. Although SoftBank sold its approximately twenty-six percent stake, the exact value of the transaction has not yet been disclosed.

This was reported by international media outlets. Twenty One Capital was established in 2025 with the aim of managing Bitcoin assets and conducting mining operations.

The founder of the company is Jek Mallers, and the project's implementation has been closely supported by Cantor Fitzgerald. SoftBank has been actively involved as one of the initial investors in this corporation.

As part of the ownership transfer process, SoftBank representatives will leave the company's board of directors. This transaction significantly increases Tether's ability to influence Twenty One Capital's strategy and management decisions.

As of today, the total value of Bitcoin assets held in Twenty One Capital's treasury is approximately three and a half billion dollars. The company plans not only to accumulate digital assets but also to launch a wide range of financial services based on Bitcoin technology in the future.

These include lending, development of the mining sector, and opening new directions in capital markets. Such an expansion strategy will serve to strengthen the company's position in the market.

Following the announcement of this news, the price of Twenty One Capital shares in the financial markets rose by four percent. This growth helped partially offset the decline in share value observed since trading began on the New York Stock Exchange in December of this year.

According to experts, Tether's support for cooperation between Twenty One Capital and the Strike payment system represents an important step in the development of the digital economy. The agreement is the next step toward greater collaboration among major players in the cryptocurrency market and the creation of new financial systems.