Elemental Altus Royalties Corp: Tether Investments Acquires Significant Stake

Elemental Altus Royalties Corp, a Vancouver-based gold royalty company listed on the TSX Venture Exchange, has recently seen significant developments in its shareholder structure. The company, which specializes in investing in royalty and mining companies, has attracted the attention of Tether Investments S.A. de C.V., a fintech firm known for its dual-pillar approach to financial resilience, anchored by Bitcoin and physical gold.

On June 11, 2025, Tether Investments announced the acquisition of one-third of Elemental Altus Royalties Corp’s shares for $122 million, as reported by The Deep Dive. This acquisition underscores Tether’s strategic move to integrate real-world assets, such as gold, into its ecosystem. The transaction aligns with Tether’s long-term vision around gold-backed financial infrastructure.

Earlier, on June 10, 2025, Alpha 1 SPV Limited, an affiliate of AlphaStream Limited, entered into an Option Agreement with Tether Investments. This agreement granted Tether the option to acquire all 34,444,580 common shares held by Alpha 1 SPV Limited, subject to certain terms and conditions. This move was part of a broader strategy by Tether to increase its stake in Elemental Altus Royalties Corp.

By June 12, 2025, Tether Investments had acquired a 31.9% stake in Elemental Altus Royalties Corp, as confirmed by multiple sources, including BitcoinEthereumNews.com and CEO.ca. This acquisition positions Tether as a cornerstone shareholder in the company, further solidifying its commitment to integrating gold into its financial infrastructure.

Elemental Altus Royalties Corp expressed its pleasure at having Tether Investments as a new cornerstone shareholder. The company, with a market capitalization of CAD 351.44 million and a close price of 1.53 CAD on June 10, 2025, continues to serve its global customer base while navigating these significant changes in its shareholder structure.

The acquisition by Tether Investments highlights the growing interest in gold-backed assets and the strategic moves by fintech firms to diversify their asset portfolios. As Elemental Altus Royalties Corp continues to operate within the materials sector, particularly in the chemicals industry, the involvement of a major player like Tether Investments is likely to have a substantial impact on its future operations and strategic direction.