Tether said it has acquired SoftBank’s stake in Twenty One Capital (XXI), with SoftBank representatives stepping down from Twenty One’s board after the transaction closed.
Following the news, TradingView data showed Twenty One shares rose 5.6% to $8.05 in pre-market trading
Twenty One is led by Strike founder Jack Mallers and holds 43,514 BTC, making it the second-largest public company holder of Bitcoin. — link