Tether Ventures into Gold with New Acquisition


Tether, a prominent entity in the cryptocurrency industry, has expanded its investment portfolio by acquiring a 32% stake in Elemental Altus Royalties Corp, a Canadian-based gold mining company. This strategic investment highlights Tether’s efforts to diversify beyond digital currencies, reflecting a broader strategy to mitigate financial risks associated with the volatile cryptocurrency market.

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Source: https://en.bitcoinhaber.net/tether-ventures-into-gold-with-new-acquisition