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Tether Takes 8.2% Stake in Antalpha, Backs Bitcoin Mining Finance

Cointelegraph
Tether has acquired an 8.2% stake in Antalpha, a Bitcoin mining finance firm, as part of its broader strategy to invest in crypto infrastructure.

Summary

Tether, the issuer of the USDT stablecoin, has acquired an 8.2% stake in Antalpha, a platform specializing in Bitcoin-backed lending and equipment financing. According to an SEC filing, Tether holds 1.95 million shares, positioning itself as one of the company's largest shareholders following Antalpha's May 2025 IPO. This investment aligns with Tether's strategy of utilizing its profits to diversify into sectors such as digital asset infrastructure, AI, and financial services, with CEO Paolo Ardoino noting that these ventures are funded by company profits rather than stablecoin reserves.

(Source:Cointelegraph)