Tether · Bitcoin · Federal Reserve (FED) · Decrypt
Tether Holds 150,000 Bitcoin, CEO Confirms—About 50,000 More Than Its Reserve Report Detects
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
✓ KHAO Verified
Tether CEO Paolo Ardoino said the stablecoin giant now holds around 150,000 Bitcoin, worth roughly $11.5 billion at current prices, a figure that exceeds what the company’s own reserve disclosures imply by some 50,000 coins.
Key facts
- Tether CEO Paolo Ardoino said the stablecoin giant now holds around 150,000 Bitcoin, worth roughly $11.5 billion at current prices, a figure that exceeds what the company’s own reserve disclosures
- The broader reserve picture, as laid out in the Q3 report, shows $191.45 billion in assets against $183.50 billion in liabilities, leaving an excess cushion of $7.95 billion, nearly double the $4.11
- That leaves about 50,000 coins, worth close to $3.8 billion, that its public filings do not yet account
- The strategy has been fueled by staggering profits: the company reported $1.5 billion in net operating profit in the third quarter alone, and it has posted billion-dollar quarterly profits
Summary
Tether CEO Paolo Ardoino said the company holds about 150,000 Bitcoin worth roughly $11.5 billion. The figure is roughly 50,000 coins above what Tether’s Q3 reserve attestation implies. Ardoino didn’t say where the extra coins are held or when they were acquired, and Tether says its corporate Bitcoin sits separately from USDT reserves. “The team have give or take 150,000 bitcoin ourselves.