Tether expands gold investment strategy with $100M boost in Elemental Altus Royalties stake - report

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* Stablecoin (SBC-USD [https://seekingalpha.com/symbol/SBC-USD]) issuer Tether Holdings SA is said to be deepening its gold investment strategy by boosting its stake in a Canadian gold royalty company.
* Tether plans to buy approximately $100 million in additional shares of Elemental Altus Royalties (OTCQX:ELEMF [https://seekingalpha.com/symbol/ELEMF]), a firm that specializes in buying revenue streams from mining companies, according to a _Bloomberg News_ report.
* The stablecoin issuer wants to invest in the entire gold mining supply chain and has held talks with both mining and investment groups on how to go about its plan, the _Financial Times_ reported.
* Tether had already amassed a 37.8% stake earlier this year, a filing in June showed.

MORE ON ELEMENTAL ALTUS ROYALTIES CORP., STABLECOIN USD

* Elemental Altus Royalties Corp. (ELEMF) Q2 2025 Earnings Call Transcript [https://seekingalpha.com/article/4814905-elemental-altus-royalties-corp-elemf-q2-2025-earnings-call-transcript]
* China is said to weigh yuan-backed stablecoins to boost global currency usage [https://seekingalpha.com/news/4487738-china-is-said-to-weigh-yuan-backed-stablecoins-to-boost-global-currency-usage]
* Crypto market cap surpasses $4 trillion amid passage of U.S. stablecoin bill [https://seekingalpha.com/news/4468746-crypto-market-cap-surpasses-4-trillion-amid-passage-of-us-stablecoin-bill]
* Historical earnings data for Elemental Altus Royalties Corp. [https://seekingalpha.com/symbol/ELE:CA/earnings]
* Financial information for Elemental Altus Royalties Corp. [https://seekingalpha.com/symbol/ELE:CA/income-statement]