Twenty One Capital outlines operating plans to build bitcoin company

The company said, “Twenty One Capital (XXI) is building a Bitcoin-native public company designed to give investors differentiated exposure to Bitcoin. XXI’s strategy is to bring together Bitcoin treasury, financial services, mining, and capital markets into a single operating platform focused on recurring revenue, capital-efficient Bitcoin accumulation, and long-term value creation. Tether International, XXI’s controlling shareholder, announced that it has acquired SoftBank Group’s (SFTBY) stake in XXI, further aligning the company’s shareholder base to advance its long-term Bitcoin strategy. At the closing of the transaction, SoftBank Group’s representatives on the XXI Board of Directors stepped down in accordance with XXI’s shareholder agreement…With Tether’s deepened commitment, Twenty One enters its next phase with strong shareholder alignment and a clearer path to advance the operating vision it was created to pursue. Twenty One remains focused on becoming the premier listed Bitcoin company in the world: a public company that moves beyond treasury exposure alone by combining Bitcoin treasury, financial services, mining, lending, capital markets, and strategic consolidation into one integrated platform. The Company believes this approach can create a new model for Bitcoin-native public companies, with operating businesses and recurring revenue opportunities designed around long-term Bitcoin accumulation as the central objective.”