Tether Expands Gold Strategy with $100M Mining Investment
How Is Tether Building Its Gold Portfolio?
Tether Holdings SA is significantly expanding its gold investment strategy through a multi-pronged approach that extends beyond traditional cryptocurrency backing. The stablecoin issuer recently announced plans to invest approximately $100 million to increase its stake in Elemental Altus Royalties Corp., a Canadian company specializing in mining revenue streams. This follows Tether’s earlier acquisition of a 37.8% ownership position in the firm, demonstrating a pattern of strategic investment in the precious metals sector.
Current Gold Holdings and Investment Strategy
Tether currently maintains physical gold reserves valued at approximately $8.7 billion (as of June 2025), with gold bars…
