Tether Acquires $150M of Gold.com Common Shares
Gold.com announced that it has entered into a definitive agreement with TPM, S.A. de C.V., or "Tether," whereby Tether is purchasing $150M of Gold.com's common shares. "Tether is one of the largest known private owners of gold globally and sponsors the largest dollar-backed stablecoin (USDT-USD) and the largest gold-backed stablecoin (XAUT-USD) - in each case in terms of market capitalization - as well as the U.S.-regulated stablecoin USAT... Tether has agreed to purchase approximately $125M worth of Common Shares and will purchase an additional approximately $25M worth of Common Shares following receipt of certain regulatory approvals. In total, Tether is acquiring 3.371 million Common Shares at an issue price of $44.50. This price represents an 11.9% discount to the 10-day volume weighted average price of the Common Shares on the NYSE as of market close on Feb. 4, 2026. The Common Shares will be subject to customary registration rights and a 90-day resale restriction. As a result of Tether's investment in Gold.com, Tether is entitled to nominate a member to the board of directors of the Company. The Investment establishes a strategic partnership designed to bridge physical precious metals and digital finance. By combining Gold.com's end-to-end gold infrastructure with Tether's global stablecoin platform, the parties aim to create a vertically integrated gold ecosystem. The collaboration is expected to enhance the credibility and distribution of Tether's gold-backed XAU stablecoin, expand Gold.com's retail and digital offerings, introduce gold leasing solutions, and drive increased consumer and institutional engagement across both platforms. Gold.com and Tether have agreed in good faith to use reasonable commercial efforts to enter into certain commercial agreements, subject to due diligence and regulatory compliance, including the following: Tether will provide Gold.com with a gold leasing facility of no less than $100.0M; Gold.com will reasonably accommodate accepting Tether stablecoins as payment, including allowing for certain promotional activities; and Gold.com will reasonably promote Tether stablecoins on its websites and such other mutually agreed upon activities that will help support Tether stablecoins. The Company has agreed to invest $20M of the proceeds raised from the Investment in Tether's XAU stablecoin," Gold.com stated.
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- Investment Agreement: Gold.com announced a definitive agreement with Tether, under which Tether will invest $150 million through common stock purchases, reflecting strong confidence in Gold.com's future growth potential.
- Share Details: Tether will acquire approximately 3.37 million shares at $44.50 each, with an initial investment of about $125 million and an additional $25 million pending regulatory approval, indicating a cautious optimism about market prospects from both parties.
- Board Nomination Rights: Tether will have the right to nominate one director, which not only enhances its influence within Gold.com but may also provide strategic guidance to foster business development.
- Planned Use of Funds: Gold.com intends to allocate $20 million of the proceeds to invest in Tether's gold-backed stablecoin XAU₮, signaling the company's intent to position itself in the digital asset space and enhance its competitive edge.
- Quarterly Dividend Announcement: Gold.com has declared a quarterly dividend of $0.20 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is likely to attract more investor interest.
- Dividend Yield: The forward yield of 1.59% reflects the company's competitiveness in the current market environment, potentially boosting shareholder confidence and stabilizing the stock price.
- Shareholder Record Date: The dividend will be payable on March 4, with a record date of February 20 and an ex-dividend date also on February 20, ensuring that eligible shareholders receive their dividends promptly, thereby enhancing their willingness to hold shares.
- Investor Attention: Gold.com is also set to receive a $150 million investment from Tether, which could further enhance the company's market position and future growth potential.
- Earnings Performance: Gold.com reported a Q2 GAAP EPS of $0.46, missing expectations by $0.01, indicating pressure on profitability that could affect investor confidence.
- Revenue Surge: The company achieved revenue of $6.48 billion, a 136.5% year-over-year increase, reflecting strong business expansion and market demand, despite the earnings miss.
- Investment Injection: Gold.com is set to receive a $150 million investment from Tether, which will enhance the company's financial stability and support future growth strategies.
- Market Dynamics: Amid a significant liquidation event, gold, silver, and stocks faced selling pressure, highlighting volatility in market sentiment that may impact Gold.com's stock price in the short term.

Role of the Federal Reserve: Former Fed Chair William McChesney Martin emphasized that the central bank's duty is to curb excesses in the economy, akin to removing a punchbowl when the party is in full swing.
Impact of Kevin Warsh's Nomination: Kevin Warsh's nomination by President Donald Trump to lead the Fed has seemingly deflated a bubble in precious metals, indicating his influence even before taking office.
- Silver Price Crash: Silver prices plummeted over 30% on Friday, marking a historic low, primarily driven by a strengthening US dollar and investor reactions to Trump's Federal Reserve nomination, reflecting market anxiety about the future.
- Pessimistic Market Outlook: CPM Group analyst Jeffrey Christian anticipates that silver prices may continue to decline, warning that further drops could trigger a mass exit from the market, with worst-case scenarios predicting prices could fall to $68 an ounce, indicating an additional 17% decrease.
- Shifts in Investor Sentiment: CPM Group is closely monitoring several indicators, including diminishing investor interest in silver, rising inventories, and changes in trading momentum in silver, bonds, and related ETFs, which may signal further declines in the silver market.
- Future Projections: Despite the recent crash, Christian believes silver prices could remain high or even rise through 2026, but he cautions investors to prepare for potential further declines, as the market behavior is not surprising.
- Precious Metal Price Drop: On Friday, gold prices fell by approximately 15% and silver by nearly 38%, resulting in a combined market value loss of around $15 trillion, which has sparked extensive discussions within the crypto community.
- Bitcoin's Potential: Changpeng Zhao pointed out that despite gold and silver's thousands of years of history, their prices can still fluctuate dramatically, indicating that traditional assets are not immune to extreme shocks.
- Early Stage of Cryptocurrencies: Zhao emphasized that Bitcoin, being only 17 years old, is still in its infancy, and other crypto assets are even younger, suggesting significant growth potential remains in the market.
- Reevaluation of Investment Strategies: This event may prompt investors to reconsider their investment strategies and explore opportunities within the crypto market, especially in light of the increasing volatility of traditional assets.










