title: Tether (USDT) issuer acquires a notable stake in publicly listed Canada-based gold-focused royalty company Elemental Altus

This deal marks significant progress in the company's move to integrate long-term, stable assets such as gold and Bitcoin BTC $107 044 24h volatility: 2.4% Market cap: $2.08 T Vol. 24h: $27.73 B into its ecosystem.

Key Notes:

* USDT issuer Tether Holdings Ltd has acquired a stake in publicly listed Canada-based gold-focused royalty company Elemental Altus (TSXV: ELE).

* The move continues the company’s integration of long-term, stable assets such as gold and Bitcoin into its ecosystem.

* Tether purchased 78,421,780 common shares of Elemental Altus from La Mancha Investments.

* The transaction, which was completed at $121.6 million in an off-market block trade, was completed offshore via a private agreement.

* It marks Tether’s first foray into the mining-royalty space.

* From owning just 1.8%, or 4.36 million shares, the stablecoin issuer now holds a 31.9% share of Elemental Altus.

* At the same time, Tether Investments signed an option agreement with AlphaStream Limited and its wholly owned subsidiary, Alpha 1 SPV Ltd.

* Both AlphaStream Limited and Alpha 1 SPV are privately held companies incorporated under the laws of the Abu Dhabi Global Market.

* Tether has been presented with the option, not obligation, to buy 34,444,580 Elemental common shares.

* The deal, which is still subject to certain terms and conditions, will be finalized outside Canada.

* Unless approved by Elemental, the option cannot be exercised before October 29, 2025.

* “Tether’s increasing investment in gold and Bitcoin is part of a broader strategy to build a more transparent and sustainable financial system for the future,” said Paolo Ardoino, CEO of Tether.

* “This move aligns with Tether’s vision to develop financial infrastructure fit for the next century. Just as Bitcoin provides the ultimate decentralized hedge against monetary inflation, gold continues to be a time-tested store of value. By gaining exposure to a diversified portfolio of gold royalties through Elemental, we are strengthening the backing of our ecosystem while advancing Tether Gold and future commodity-backed digital assets.”

* In addition to Bitcoin and Tether Gold, the company’s portfolio includes a significant holding of U.S. Treasury bills, which are frequently reported in Tether’s official reserves breakdowns.

* Earlier this year, Tether crossed the milestone of $100 billion in stablecoin circulation.

* The company’s portfolio also includes a substantial holding of Tether Gold (XAUT), a token backed by physical gold, and a smaller stake in another Canadian company, SmartCenter Inc (TSXV: SCI).

* Recently, there has been speculation that Tether might be planning to launch its own chain, potentially named the Tether Network.

* This chain could serve as a platform for launching new products and expanding the Tether ecosystem.

* As part of its strategy to integrate cryptocurrencies and blockchain technology, Tether has been actively investing in Bitcoin.

* Earlier this year, Tether disclosed a significant investment of $735 million in BTC, aiming to increase its digital asset holdings.

* The investment saw Tether acquire 8,888 BTC when the cryptocurrency was trading at $81,314.21, marking the company’s fifth largest Bitcoin purchase to date.

* Following the investment, Tether’s total Bitcoin reserves surged to 92,647 BTC, positioning the company as the sixth largest Bitcoin holder globally.

Key Highlights:

Key Highlights:

* USDT issuer Tether Holdings Ltd has acquired a stake in publicly listed Canada-based gold-focused royalty company Elemental Altus Royalties (TSXV: ELE).

* USDT issuer Tether Holdings Ltd has acquired a stake in publicly listed Canada-based gold-focused royalty company Elemental Altus Royalties (TSXV: ELE).

* The move continues the company’s integration of long-term, stable assets such as gold and Bitcoin into its ecosystem.

* The move continues the company’s integration of long-term, stable assets such as gold and Bitcoin into its ecosystem.

* Tether purchased 78,421,780 common shares of Elemental Altus from La Mancha Investments.

* Tether purchased 78,421,780 common shares of Elemental Altus from La Mancha Investments.

* The transaction, which was completed at $121.6 million (170.096 billion yen) in an off-market block trade, was completed offshore via a private agreement.

* The transaction, which was completed at $121.6 million (170.096 billion yen) in an off-market block trade, was completed offshore via a private agreement.

* It marks Tether’s first foray into the mining-royalty space.

* It marks Tether’s first foray into the mining-royalty space.

* From owning just 1.8%, or 4.36 million shares, the stablecoin issuer now holds a 31.9% share of Elemental Altus.

* From owning just 1.8%, or 4.36 million shares, the stablecoin issuer now holds a 31.9% share of Elemental Altus.

* At the same time, Tether Investments signed an option agreement with AlphaStream Limited and its wholly owned subsidiary, Alpha 1 SPV Ltd.

* At the same time, Tether Investments signed an option agreement with AlphaStream Limited and its wholly owned subsidiary, Alpha 1 SPV Ltd.

* Both AlphaStream Limited and Alpha 1 SPV are privately held companies incorporated under the laws of the Abu Dhabi Global Market.

* Both AlphaStream Limited and Alpha 1 SPV are privately held companies incorporated under the laws of the Abu Dhabi Global Market.

* Tether has been presented with the option, not obligation, to buy 34,444,580 Elemental common shares.

* Tether has been presented with the option, not obligation, to buy 34,444,580 Elemental common shares.

* The deal, which is still subject to certain terms and

* The deal, which is still subject to certain terms and