Tether Discloses $1.6 Billion in Recent Investments Across Social Media, Gold and Crypto

Tether disclosed at least $1.6 billion in investments over recent months spanning multiple sectors, according to a March 15 post on X by GSR Content Director Frank Chaparro cited by ChainThink. The allocations include $785 million to rightwing social platform Rumble, $250 million to gold mining project Elemental Royalty, $150 million to Italian football club Juventus FC, $150 million to gold asset manager Gold dot com, $100 million to crypto asset manager Anchorage Digital, over $900 million to Gold Royalty, $82 million to robotics project Generative Bionics and $8 million to Bitcoin Lightning Network and stablecoin payments firm Speed1. Investment amounts in Parfin and agricultural company Adecoagro were not disclosed.