Tether acquired an 8.1% position in Gold Royalty (NYSE: GROY), reporting beneficial ownership of 13.8 million common shares. The filing lists Tether Holdings and Tether Investments as reporting persons and pegs the stake at 8.1% against 170.7 million shares outstanding.
Gold Royalty describes its portfolio as more than 250 royalties and streams across the Americas, including interests associated with the Canadian Malartic Odyssey project and Nevada’s Goldstrike REN project. The company says the portfolio has expanded from 18 to more than 250 interests in four years.
The buy extends a clear pattern. In June, Tether Investments acquired 31.9% stake of Elemental Altus Royalties (TSXV: ELE), then agreed in September to invest an additional US$100 million to support Elemental Altus’s acquisition of EMX Royalty (TSXV: EMX).
On October 20, Tether disclosed lifting its Elemental Altus ownership to 51.4% after purchasing additional shares from AlphaStream.
Tether has also been building direct exposure to bullion. In July, Bloomberg reported the company holds roughly US$8 billion in gold — about 80 tons — stored in a Swiss vault, representing a meaningful share of reserves alongside cash and Treasuries.
Beyond equities and bars, Tether is pursuing tokenized gold scale through XAUT. Recent reporting shows Tether working with Antalpha to raise at least US$200 million for a digital asset treasury vehicle focused on accumulating XAUT and expanding redemption infrastructure.
Information for this story was found via the sources mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
