Tether holds an 8.2% stake in the Bitcoin mining company Antalpha

By: rootdata|2026/04/20 14:42:01

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According to TheEnergyMag, stablecoin issuer Tether and its chairman Giancarlo Devasini jointly hold 1.95 million shares of common stock in Bitcoin mining financial services company Antalpha, accounting for 8.2% of its total equity after the initial public offering.

Disclosure documents show that Antalpha raised approximately $49.3 million in this initial public offering, with an issue price of $12.8 per share, and Tether actually subscribed to about half of the issued shares.

Antalpha has a close relationship with the Bitmain ecosystem, primarily providing Bitcoin collateralized lending and mining equipment supply chain financing, with a loan portfolio of approximately $1.6 billion by the end of 2024.

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