A Tether chart as Paolo Ardoino, chief executive officer of Tether Holdings Ltd., right, speaks during a Bloomberg Television interview in New York, US, on Friday, May 23, 2025.
A Tether chart as Paolo Ardoino, chief executive officer of Tether Holdings Ltd., right, speaks during a Bloomberg Television interview in New York, US, on Friday, May 23, 2025.Photographer: Michael Nagle/Bloomberg

Miningweb: FT: Stablecoin group Tether holds talks to invest in gold miners

Boss of crypto company that posted first-half profits of $5.7bn has called the precious metal ‘natural bitcoin’
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Key topics:

  • Tether explores gold mining investments to diversify crypto profits

  • Company already holds $8.7bn in bullion and stakes in royalty firms

  • Industry sceptical of Tether’s unconventional push into gold sector

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By Leslie Hook and Nikou Asgari in London

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