Antalpha’s IPO raised about $49.3 million in total.
Tether would have bought almost half of the shares issued in the Antalpha IPO.
Tether acquired an 8.2% stake in Antalpha, a financing platform linked to the Bitcoin (BTC) mining ecosystem, following the filing of a regulatory document with the United States Securities and Exchange Commission (SEC) on April 20, 2026.
The information was revealed through a Schedule 13D form in which it is detailed that multiple entities linked to Tether, along with its president Giancarlo Devasinitogether control 1.95 million common shares of Antalphaafter its IPO in May 2025.
Antalpha is a financial services firm specializing in bitcoin-backed loans and mining equipment financing, closely linked to the Bitmain ecosystem. Its model is based on channeling capital into the mining sector without directly assuming credit risk on its balance sheet.
According to the IPO prospectus, the company collection approximately $49.3 million at a price of $12.8 per share. Tether would have subscribed about half of the shares issued in the initial public offering, consolidating a relevant position since its stock market debut.
Likewise, the signature reported a loan portfolio of around $1.6 billion by the end of 2024, focused on financing for mining and Bitcoin-backed operations.
The operation is part of Tether’s expansion strategy towards the infrastructure of the Bitcoin ecosystem, with growing investments in mining, financial services and asset tokenization, as CriptoNoticias reported.