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via Decrypt · By Decrypt Editorial
Tether Tightens Grip on Bitcoin Treasury Firm Twenty One With SoftBank Buyout
BTC
BTC/USDT
$84,603.56
+1.67%
$84,603.56
+1.67%
(24s)24h Volume
$19,099,828,520.53
24h H/L
$84,942.45 / $83,156.00
Change: $1,786.45 (2.15%)
Long/Short
56.8%
Long: 56.8%Short: 43.2%
Funding Rate
+0.0021%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(04:12 PM UTC)
1 min read
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 resignation of its board designees, leaving XXI temporarily non-compliant with NYSE rules.
Tether signaled on…
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