Tether has disclosed its acquisition of approximately 8.2% of Antalpha's shares, amounting to around 1.95 million shares, making it one of the major shareholders following Antalpha's IPO. Antalpha, a mining finance platform within the Bitmain ecosystem, reported a loan portfolio of about $1.6 billion by the end of 2024. The platform primarily offers Bitcoin-collateralized loans and mining equipment supply chain financing.