Tether Takes 8.2% Stake in Bitcoin Mining Finance Platform Antalpha as Infrastructure Push Expands

Tether has acquired an 8.2% stake in Antalpha, a Bitcoin mining finance and lending platform, becoming one of its largest shareholders following the company’s May 2025 initial public offering. According to a filing with the US Securities and Exchange Commission, Tether now holds approximately 1.95 million shares through affiliated entities, with chairman Giancarlo Devasini holding shared voting and decision-making authority over the position.

Antalpha provides Bitcoin-backed loans and equipment financing to mining operators and reported a loan portfolio of roughly $1.6 billion at the end of 2024. The company is closely connected to the Bitmain ecosystem, a major supplier of mining hardware. Following its IPO, Antalpha raised about $49.3 million at $12.80 per share and later reported strong financial growth, including a 68% year-over-year revenue increase to $79.7 million and net income rising to $18.5 million in 2025.

Strategic Expansion Across Crypto, AI, and Real-World Assets

Tether’s investment aligns with its broader strategy of deploying profits into digital asset infrastructure and related industries. The company, issuer of the USDT stablecoin with a market capitalization of approximately $187 billion, has been actively expanding into mining, tokenization, artificial intelligence, and financial services.

Recent moves include participation in an $8 million funding round for tokenization platform Kaio, a $50 million investment in sleep technology firm Eight Sleep, a $150 million stake in Gold.com tied to tokenized gold exposure, and a $100 million investment in Anchorage Digital, a regulated US crypto bank.

According to CEO Paolo Ardoino, Tether has invested in more than 120 companies through its venture initiatives, with funding sourced from corporate profits rather than stablecoin reserves, reflecting an increasingly diversified investment strategy across the digital asset ecosystem.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.