Tether purchases 31.9% stake in Elemental Altus
Crypto 7x24
2025-06-12 18:22:07
1.27W
Internet reports that Tether has acquired a stake in Elemental Altus Strategy, a Canada-based listed gold royalty company that aims to integrate long-term stable assets such as gold and Bitcoin into its ecosystem. Tether acquired 78,421,780 ordinary shares of Elemental, accounting for approximately 31.9% of Elemental's outstanding shares. The transaction was completed overseas through a private agreement.
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