Tether Makes Surprise $89M Move into Gold Royalties to Diversify Beyond Crypto

TL;DR Tether acquired 31. 9% of Elemental Altus Royalties for $89. 2 million, raising its total stake in the Canadian firm to 33. 7%. It also secured an agreement to purchase an additional 34. 4 million shares for $38. 7 million, with the option to execute it from October 2025. The deal is part of its strategy to add physical. . . source: https://crypto-economy.com/tether-makes-surprise-89m-move-into-gold-royalties-to-diversify-beyond-crypto/