Gold Royalty Corp (NYSE American: GROY) shares have been on a tear in 2025, surging more than 243% year to date to its current price of $4.26.
GROY is a gold-focused royalty and streaming company with a portfolio of more than 250 royalties/streams. It is led by CEO David Garofalo, the former chief executive of Goldcorp Inc.
Company insider Tether Holdings purchased 11,870,713 Gold Royalty shares from October 17 through November 18, 2025, at prices ranging from $3.49 to $3.74 per share. As a result, Tether now owns an 11.6% stake in Gold Royalty’s outstanding stock.
Tether Holdings, which is domiciled in El Salvador, is part of the corporate structure behind the stablecoin issuer commonly known as Tether Limited.
