Tether holds an 8.2% stake in bitcoin mining company Antalpha
According to ChainCatcher, stablecoin issuer Tether and several of its subsidiaries, together with its Chairman Giancarlo Devasini, collectively hold 1.95 million common shares of Bitcoin mining financial services company Antalpha, accounting for 8.2% of its total share capital after the initial public offering. Disclosure documents show that Antalpha raised approximately $49.3 million in this IPO, with an issue price of $12.8 per share, and Tether actually subscribed to about half of the issued shares.
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