Announcement • Jul 01
Twenty One Capital, Inc. Announces Appointment of Karl Olsoni as Director and to the Audit Committee, Effective June 30, 2026 Twenty One Capital, Inc. announced that on June 30, 2026, the Board of Directors appointed Karl Olsoni to the Board, effective June 30, 2026. His term will expire at the 2027 annual general meeting of the shareholders of the Company at which members of the Board are elected or until his earlier death, resignation, disqualification, or removal. In addition, the Board appointed Mr. Olsoni to the Audit Committee of the Board, effective June 30, 2026. Announcement • Jun 09
Twenty One Capital, Inc. Announces Appointment of Paul S. Lalljie as Independent Director and Audit Committee Member Twenty One Capital, Inc. announced the appointment of Paul S. Lalljie as an independent director to its Board of Directors. Lalljie also served as a member of the Board’s audit committee. Lalljie is an accomplished executive and board leader with deep experience across finance, technology, cybersecurity, and education technology. He currently served as a Member of the Supervisory Board and Audit Committee Chair at Bitdefender. He previously served as Chief Executive Officer and Chief Financial Officer of 2U and as Chief Financial Officer of Neustar. His background spanned public company leadership, financial oversight, corporate governance, audit committee leadership, and scaling technology-driven businesses. The Board determined that Lalljie qualified as independent under Rule 10A-3 of the Securities Exchange Act of 1934 and Section 303A.02 of the NYSE Listed Company Manual. The appointment followed recent changes to Twenty One’s Board composition in connection with Tether International, S.A. de C.V.'s acquisition of SoftBank Group’s stake in Twenty One on May 19, 2026. At the closing of the transaction, SoftBank’s representatives on the Twenty One Board stepped down and the related governance agreement was terminated. One of the departing SoftBank representatives had served on the audit committee. Twenty One notified the NYSE of the resulting committee vacancy at the time. XXI
Live News • Jun 03
Tether Seeks to Merge Twenty One Capital With Strike and Elektron Energy as NYSE Issues Warning Tether Investments has outlined a two-stage merger plan that would combine Twenty One Capital with Bitcoin payments company Strike and mining operator Elektron Energy, creating a broad Bitcoin-focused platform spanning treasury, financial services and mining.
The proposed mergers aim to shift Twenty One Capital from a largely treasury-focused entity toward a business model with multiple operating lines and recurring revenue streams tied to Bitcoin activity.
Separately, Twenty One Capital has received a non-compliance notice from the NYSE because its audit committee currently lacks the required two independent members. The company has until June 5, 2026 to address this issue, and a below-compliance indicator is scheduled to appear on its NYSE profile from June 9, 2026 if the matter is not resolved.
The combination of potential mergers and the governance compliance issue puts both the company’s business model and its listing status in focus at the same time.
Investors may want to weigh the execution and integration risks of the proposed Bitcoin platform against the near-term requirement to strengthen board independence and restore full NYSE compliance.