Tether Investments, the venture arm managing Tether’s expanding presence in energy, mining, and artificial intelligence, reported a significant increase in net equity value. The group’s net equity value rose to $7.7 billion, up from $6.2 billion in the previous quarter.
In addition to this growth, Tether Investments also disclosed ownership of 7,100 bitcoin (BTC) valued at nearly $500 million. This information was shared by the company in a recent blog post.
The continued growth and diversification of Tether Investments highlight the company’s commitment to exploring new opportunities and expanding its presence in key sectors such as energy, mining, and artificial intelligence.
