🏆 TETHER INVESTS IN GOLD MINING FIRM
📈 31.9% stake acquired in Elemental Altus Royalties
💰 Deal Highlights:
🔹 78.4M shares purchased from La Mancha Investments
🔹 Elemental is a Canadian-listed gold royalty firm
🔹 Aligns with Tether Gold (XAUT) strategy
🔹 Enables exposure to global gold production with reduced operational risk
📜 Tether’s Statement:
“This model aligns with our preference for strategic, low-risk exposure to real-world assets.”
🔄 Option Agreement Signed
With AlphaStream & Alpha 1 SPV for 34.4M more shares post-Oct 29
🌍 Tether deepens its real-world asset backing — beyond digital.
📰 Source: June 12, 2025 | Author: Trisha Husada
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