Tether Holdings Boosts Stake in Metalla Royalty & Streaming Ltd in Latest 13F Filing

Tether Holdings Boosts Stake in Metalla Royalty & Streaming Ltd in Latest 13F Filing

In its latest SEC 13F filing, Tether Holdings, S.A. de C.V. revealed a significant increase in its position in Metalla Royalty & Streaming Ltd (MTA). The firm added 8.27 million shares, marking an 8.93% increase in its stake. This move brings the market value of Tether Holdings' investment in Metalla Royalty & Streaming Ltd to $62.47 million, now accounting for 1.76% of its total portfolio.

A Closer Look at the Trade

The increased position in Metalla Royalty & Streaming Ltd reflects Tether Holdings' growing interest in the Non-Ferrous Metals sector. The company, specializing in royalty and streaming agreements, aligns with Tether Holdings' strategic focus on resource-based investments. With this latest addition, Tether Holdings now owns 8.93% of Metalla Royalty & Streaming Ltd's total outstanding shares, underscoring its significant influence on the company's shareholder base.

Why is Tether Holdings Increasing Its Stake in Metalla Royalty & Streaming Ltd?

Metalla Royalty & Streaming Ltd operates in a niche sector that benefits from rising demand for non-ferrous metals, driven by global industrial and technological advancements. Tether Holdings' decision to bolster its position may signal confidence in the company's growth prospects and the broader market trends supporting the industry.

How Does This Impact Tether Holdings' Portfolio?

With Metalla Royalty & Streaming Ltd now comprising 1.76% of its portfolio, Tether Holdings demonstrates a strategic allocation toward metals and mining. This move could indicate a shift toward diversifying investments in resource-based assets, potentially hedging against market volatility in other sectors.

For a comprehensive view of Tether Holdings, S.A. de C.V.’s full real-time portfolio and historical 13F data, view their profile here.