BlockBeats News, April 20th. Tether disclosed in a regulatory filing submitted on Monday that it holds 1.95 million shares of Antalpha through the company's 2025 initial public offering (IPO), representing approximately 8.2% of the post-IPO outstanding shares. Antalpha is a financial company that provides lending and financing solutions to the Bitcoin mining industry and is a key partner of the world's largest cryptocurrency mining machine manufacturer, Bitmain.

Antalpha went public on the Nasdaq in May 2025, raising approximately $49 million at an offering price of $12.80 per share. Tether subscribed to over half of the shares sold to investors, becoming one of the largest investors in the transaction at that time.

Despite Antalpha's strong growth as shown in its latest financial report (with full-year 2025 revenue up 68% to nearly $80 million and net profit tripling to $18.5 million), its stock price has performed poorly, falling over 27% on Monday to a trading price of around $9.30 per share. Analysts believe that part of the pressure comes from several Bitcoin mining companies transitioning from pure mining operations to AI and high-performance computing infrastructure.

This investment is the latest in a series of transactions by Tether in the cryptocurrency, AI, and robotics fields. Recently, Tether has also invested in the sleep technology company Eight Sleep and participated in the strategic financing of the RWA startup Kaio.