Giancarlo Devasini disclosed a 31.9% stake in Elemental Royalty Corporation through entities he controls. He filed a Schedule 13D on March 26, 2026, after an internal share transfer within the Tether group on March 24, 2026. The position totals 20,354,627 common shares held across Tether International and Tether Investments. The filing shows that on March 24, 2026, Tether Investments transferred 9,407,667 shares to Tether International without changing the group’s total holdings, and the group says it could “acquire additional Common Shares” or “retain and sell” shares over time, including through Rule 10b5-1 plans.
Devasini Reveals 31.9% Stake in Elemental Royalty via Tether Entities
Giancarlo Devasini disclosed a 31.9% stake in Elemental Royalty through entities he controls, filing a Schedule 13D on March 26, 2026, after an internal transfer within the Tether group.
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