Tether Reveals 1.95M-Share Stake in Antalpha IPO Deal

Table of Contents Tether confirmed that it acquired nearly two million shares in bitcoin mining finance firm Antalpha through its 2025 IPO. The disclosure appeared in a regulatory filing released on Monday. The filing shows that Tether now owns about 8.2% of Antalpha’s outstanding equity. Tether purchased 1.95 million shares in Antalpha during the company’s Nasdaq debut in May 2025. The filing states that Tether acquired more than half of the shares offered to investors. As a result, Tether became one of the largest participants in the $49 million offering priced at $12.80 per share. Antalpha operates as a financing partner to Bitmain, the largest crypto mining hardware manufacturer. The company provides loans secured by bitcoin and mining equipment. It also supports miners with funding for hardware purchases and operating costs. Antalpha reported full-year 2025 revenue of nearly $80 million, reflecting a 68% annual increase. The company posted net income of $18.5 million, more than triple the prior year’s result. These figures came from its latest financial results filed after the IPO. However, Antalpha shares have declined since listing on Nasdaq under the ticker ANTA. The stock trades near $9.30, which marks a drop of more than 27% from the IPO price. Market data on Monday reflected this performance. Several public bitcoin mining operators have reduced direct mining exposure. Some companies have shifted resources toward AI and high-performance computing infrastructure. This sector shift has coincided with pressure on mining-related equities. Tether has increased its investment activity across crypto infrastructure and related technologies. The company recently backed a $134 million private placement tied to Stablecoin Development Corporation. That vehicle aims to provide exposure to the Sky ecosystem. In 2026, Tether co-led a $7.5 million funding round in Utexo. Utexo builds USDT settlement infrastructure on the Bitcoin network. The company also joined a $5.2 million seed round for Ark Labs. Ark Labs develops programmable finance rails on Bitcoin. The firm focuses on expanding utility for digital assets within payment systems. These investments align with Tether’s stated focus on crypto infrastructure. Outside digital assets, Tether acquired a strategic stake in sleep technology company Eight Sleep. The transaction valued Eight Sleep at $1.5 billion. The move formed part of Tether’s push into AI and consumer hardware. On Monday, RWA startup Kaio announced that Tether joined its $8 million strategic funding round. Kaio disclosed the participation in a public statement. The announcement marked Tether’s latest disclosed investment activity. Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.