What on Earth? Tether Buys a Mountain of Gold and Bitcoin! 🚀
In a move that seems straight out of a novel, the venerable Tether Holdings Ltd has chosen to don the explorer’s hat and stake claim in the wilds of Canada’s gold-rich realm, Elemental Altus. Imagine the scene: a cunning deal, cloaked in secrecy, involving the acquisition of a substantial slice of a company—78 million shares, to be precise—nearly a quarter of its total, all for the modest sum of 121.6 million dollars. Oh, how the mighty have fallen… into treasure chests! 💰
This latest adventure signifies perhaps a new chapter—an ambitious effort to anchor their fortunes in the timeless allure of gold and the whispers of Bitcoin’s digital promise. Because what’s life without a little gold dust, and a dash of digital daring, eh? ☠️💎
Tether Plays the Long Game with Gold and Bitcoin, Like a Naughty Boy with a Secret Plan
The announcement tells of a clandestine purchase—over 78 million common shares—transcending borders in a private, offshore arrangement. Rights and options float amidst whispers from Abu Dhabi’s mysterious legal landscape, with Tether eyeing the future through a shimmering lens of 34 million shares, if fortune favors them someday. The intentions? To bolster their imperial holdings, of course, because why not add some sparkle to their crown jewel? 👑
And all this while waiting until October 29, 2025, to perhaps, possibly, exercise their newfound power—if the stars align, or Elemental grants them permission. But one thing’s certain: the company’s boss, Mr. Ardoino, sees gold and Bitcoin as the knights in shining armor of a future financial utopia—resilient, transparent, and — dare I say — almost poetic in their promise.
“Just as Bitcoin stands guard as the decentralized guardian against inflation,” he declared, mustache twirling in imagination, “gold remains the siren song of timeless value.” Ah, the poetry of finance—a dance of pixels and precious metals. 🎭💸”
How Rich Is Tether? Spoiler: Very. Sorry, I mean Extremely.
Ardoino, that sage of fiscal foresight, avows their vow to back every digital dollar with something real—be it gold or Bitcoin. Just in Q1 2025, they laid down a staggering $735 million to bolster their treasure trove, acquiring 8,888 bitcoins—because apparently, even numbers matter—valued at over 81,000 dollars each at the time. Who needs a bank vault when you can have your own digital dragon’s hoard? 🐉💻
Today, they boast ownership of over 100,000 Bitcoin, enough gold to fill a small museum, and a mountain of Tether Gold, because who doesn’t want a piece of the shiny? Meanwhile, whales on the blockchain are busy minting a billion USDT—because, of course, more zeros always make everything more glamorous—and Bitcoin’s price stalls at around 107,291 dollars, just a tiny dip, nothing to see here. 🐋
💵💵💵💵💵💵💵💵💵💵 1,000,000,000 USDT minted, baby! — Whale Alert (@whale_alert) June 9, 2025
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2025-06-12 18:26