Tether discloses nearly 2 million-share stake in Bitmain-linked Antalpha
Tether has acquired an 8.2% stake in Antalpha, a Bitmain-linked bitcoin mining finance firm, following its 2025 initial public offering.Summary
Tether, the issuer of the USDT stablecoin, has disclosed a 1.95 million-share investment in Antalpha, representing approximately 8.2% of the company's outstanding equity. The stake was acquired during Antalpha's May 2025 Nasdaq IPO, where Tether secured over half of the available stock. Antalpha provides financing and lending solutions to the bitcoin mining industry and maintains a close partnership with mining hardware giant Bitmain. Despite Antalpha reporting strong full-year 2025 revenue growth, its share price has declined since its public debut, reflecting broader market shifts as mining firms increasingly pivot toward AI and high-performance computing infrastructure. This investment is part of Tether's ongoing strategy to diversify its holdings across crypto, AI, and robotics sectors.
(Source：The Block)