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via Cointelegraph · By Cointelegraph Staff
Tether Buys SoftBank Stake in Twenty One Capital, Expands Bitcoin Strategy
BTC
BTC/USDT
$63,294.00
+0.35%
$63,294.00
+0.35%
(24s)24h Volume
$2,371,321,769.27
24h H/L
$63,340.00 / $62,968.45
Change: $371.55 (0.59%)
Long/Short
67.7%
Long: 67.7%Short: 32.3%
Funding Rate
+0.0032%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(05:33 PM UTC)
1 min read
Tether has acquired SoftBank Group’s stake in Twenty One Capital, the Bitcoin treasury company that is expanding into lending, mining and capital markets services, in a move that gives the stablecoin issuer greater control over one of the largest publicly traded Bitcoin holders.
In an announcement on Wednesday, Tether said it purchased SoftBank’s roughly 26% stake for an undisclosed amount.…
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