Tether is planning to raise $20 billion through a stock offering ๐ฐ๐ and may tokenize shares on the blockchain afterward ๐๐ช. Executives are exploring options like stock buybacks and digital storage of company shares ๐ผ๐ป. One shareholder had aimed to sell shares below Tetherโs $500B valuation โ ๏ธ๐ฆ, but the company intervened to protect fundraising efforts ๐ก๏ธ. Currently, existing shareholders cannot sell in this primary round ๐ซ๐. Blockchain Capital considered selling some shares before the announcement but decided against it โก๐ค. Tetherโs strategy balances capital raising, shareholder management, and integration of crypto-friendly digital solutions ๐โจ
