20 May 2026 – Tether International, S.A. de C.V. (“Tether International”), the controlling shareholder of Twenty One Capital (“XXI”), today announced that it has acquired SoftBank’s stake in XXI. At the closing of the transaction, SoftBank’s representatives on the XXI Board of Directors (the “Board”) stepped down in accordance with XXI’s shareholder agreement.

This transaction reflects the continued development of XXI as the company builds on its foundation and advances its long-term Bitcoin strategy. Tether’s increased commitment reflects its conviction that XXI represents one of the most important opportunities to build a public company around Bitcoin from the ground up.

SoftBank has played an important role in XXI’s formation and early development, bringing the perspective of one of the world’s most experienced technology investors to the Board. Its track record of backing category-defining companies across technology, infrastructure, financial services, and communications has helped shape global markets over multiple cycles, and its involvement gave XXI meaningful institutional depth at a foundational stage for the business.

“SoftBank’s involvement gave XXI the kind of institutional depth that few early-stage companies ever have,” said Paolo Ardoino, CEO of Tether. “Their experience backing some of the most consequential technology companies in the world brought credibility, perspective, and discipline to XXI during a critical period of formation. They leave behind a company with a stronger foundation, a clearer mandate, and an ambitious path ahead. Tether’s conviction in XXI has only deepened, and we look forward to building on that foundation as the company enters its next chapter.”