Tether International acquires SoftBank's stake in Twenty One Capital; board members resign

Twenty One Capital, Inc.

• Tether International purchased 89,106,748 shares of XXI Class A common stock from SoftBank on May 19, 2026.
• Board members Jared Roscoe and Vikas J. Parekh resigned at SoftBank's request upon closing of the transaction.
• Audit committee fell below NYSE requirement of two independent members after Roscoe's resignation.
• Governance Agreement among Twenty One Capital, Tether Investments, SoftBank, and Bitfinex was terminated.
• Company outlines strategy to combine Bitcoin treasury, financial services, mining, and capital markets.