Based on conversations with shareholders and CEO Fred Bell, Tether's most likely intention is to be supportive long-term shareholders helping Elemental grow on a deal-by-deal basis, though option five is not mutually exclusive with opportunistic M&A and one-off co-investments.
factualpending
Speaker
Matt GuygerEvidence Quote
“based on hours of conversations I've had with with shareholders and folks close to the deal, including CEO Fred Bell, you know, my sense is that option five is is ultimately what's occurring here.”
Source
Grant Williams and Matt Geiger: Investing During Crises and Navigating a Spirited Metals Market— CLEAR COMMODITY NETWORKCreated: 8/11/2026, 7:24:12 AM
My Notes
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