Tether announces the acquisition of approximately 31.9% stake in the gold mining company Elemental.

BlockBeats News, on June 12, Tether announced the acquisition of approximately 31.9% (78,421,780 shares) of the shares in Canadian-listed gold mining company Elemental. Additionally, Tether has signed an option agreement with AlphaStream Limited, allowing it to purchase an additional 34,444,580 shares after October 29, 2025, subject to Elemental's approval.