Tether’s Bitcoin Treasury Staggers: It Accumulated 150,000 BTC

Tether CEO Paolo Ardoino announced that the company's total Bitcoin holdings have reached approximately 150,000 BTC, with a current value of $11.5 billion. Paolo Ardoino, CEO of Tether, one of the world's largest stablecoin issuers, said the company holds approximately 150,000 Bitcoin. This amount, which Ardoino revealed at the Plan ₿ Forum in Lugano, was worth approximately $11.5 billion at the time of publication. The total disclosed amount is approximately 50,000 BTC more than what can be calculated from Tether's latest report on USDT reserves. The third-quarter reserve report, certified by BDO, shows Bitcoin worth $8.37 billion.

Source: Bitcoin Sistemi