We investigate higher-rank transmissions for multi-connected Extended Reality (XR) devices enabled through tethering group (TGr), in which a nearby tethering User Equipment (UE) cooperates with an XR UE via a short-range tethering link (TL). In contrast to prior studies that are limited to rank-1 transmission and ideal tethering assumptions, we analyze TGr performance under higher-rank point-to-multipoint (PTM) transmission and realistic TL delays. Conventional single Outer Loop Link Adaptation (OLLA) offset results in inaccurate throughput prediction across ranks, leading to suboptimal rank selection. To address this limitation, we propose a multi-offset Outer Loop Link Adaptation (MO-OLLA) framework that introduces rank-dependent signal-to-interference-plus-noise ratio (SINR) correction to improve Link Adaptation (LA) accuracy. Furthermore, a Wireless Fidelity (WiFi) based delay model is incorporated to characterize the impact of practical TL constraints including limited bandwidth and achievable throughput on XR capacity and cellular resource utilization, providing the first such analysis for higher-rank multi-connected XR device. System-level simulations demonstrate that MO-OLLA provides up to 20% performance improvement over conventional OLLA for multi-connected XR UEs. Moreover, TGrs effectively exploit higher-rank transmission, achieving XR capacity gains of 180-200% over single-link XR UEs under ideal TL conditions. Critically, the gains of the TGr remain at 165-180% under realistic high-throughput TLs relative to single-link XR UEs, confirming the practical viability of TGr based cooperation for XR capacity enhancements within existing cellular resources.