Crypto
Tether takes 8.2% stake in Antalpha, expands bitcoin mining finance investment
Tether has secured an 8.2 percent stake in bitcoin mining finance platform Antalpha, becoming a major shareholder. A U.S. filing shows Tether holds 1.95 million shares through affiliates, with chairman Giancarlo Devasini sharing voting and disposal authority. Antalpha provides bitcoin-backed loans and mining equipment financing and had a loan portfolio of about $1.6 billion at end-2024. Tether has been widening investments across mining, AI, financial services and tokenised assets.
