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Tether has bought out SoftBank Group Inc.’s ownership in the digital-asset treasury company Twenty One Capital Inc., adding to its control over the Bitcoin accumulator as it seeks to merge the firm with two other businesses.
(Bloomberg) Tether has bought out SoftBank Group Inc.s ownership in the digital-asset treasury company Twenty One Capital Inc., adding to its control over the Bitcoin accumulator as it seeks to merge… [+4628 chars]
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While El Salvador made Bitcoin legal tender in 2021, reports indicate the country repealed its mandate requiring businesses to accept it in early 2025.
No, studies show that most citizens who downloaded the government's Chivo wallet stopped using it after receiving their initial $30 bonus, and only a small fraction of the population uses Bitcoin for regular payments.
As of late 2024, the government's reported Bitcoin investment has reached over $600 million in value, though these remain unrealized gains until the assets are sold.