Wu said that Tether announced the acquisition of approximately 31.9% of the shares (78,421,780 shares) of the Canadian-listed mining company Elemental Altus Royalties Corp., and signed an option agreement with AlphaStream Limited to acquire an additional 34,444,580 shares after October 29, 2025 (subject to Elemental's approval). Elemental is a publicly traded gold royalty company headquartered in Canada, and this strategy aims to integrate long-term stable assets such as gold and Bitcoin into its ecosystem. This move is part of Tether's strategy to deepen its involvement in mining and Bitcoin as financial hedges and decentralized infrastructure.