Tether Global Investments Fund Increases Stake in Metalla Royalty & Streaming Ltd. to 12.1%
On June 9, 2026, Tether Global Investments Fund, S.I.C.A.F., S.A. (formerly Tether Holdings, S.A. de C.V.), alongside Tether International, Tether Investments, and Giancarlo Devasini, filed Amendment No. 7 to their Schedule 13D regarding Metalla Royalty & Streaming Ltd. (MTA). The reporting persons disclosed an increased aggregate ownership of 11,266,571 common shares, representing 12.1% of the issuer's outstanding stock. This reflects an increase from the 10,266,571 shares (11.0%) previously reported. The additional 1,000,000 shares were acquired through a series of open market purchases conducted by Tether Investments, S.A. de C.V. between May 19, 2026, and June 5, 2026, at prices ranging from approximately $6.45 to $7.91 per share. Giancarlo Devasini, as the controlling party of Tether Global Investments Fund, maintains shared voting and dispositive power over the total holdings. The filing also notes previous regulatory settlements involving Tether entities with the CFTC and the New York Attorney General.