USDT issuer Tether Holdings Ltd has announced the acquisition of 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
$107 231
24h volatility:
2.4%
Market cap:
$2.13 T
Vol. 24h:
$33.84 B
into its ecosystem.
Tether Stakes on Gold and Bitcoin as Financial Hedge
Per the announcement, Tether purchased 78,421,780 common shares of Elemental Altus Royalties (TSXV: ELE) from La Mancha Investments. The transaction was completed at $121.6 million in an off-market block trade.
It was completed offshore via a private agreement. It marked Tether’s first big mov
We współpracy z: https://www.coinspeaker.com/tether-acquires-31-9-stake-in-elemental-altus/
