Tether acquires nearly 32% of the mining company Elemental, Options protocol opens up future increase channels.

2025-06-12 11:21:18

On June 12, Tether announced the acquisition of approximately 31.9% of the shares (78,421,780 shares) of the Canadian-listed mining company Elemental, and has signed an options protocol with AlphaStream Limited, allowing it to purchase an additional 34,444,580 shares after October 29, 2025, subject to approval by Elemental.

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