[Watcher Guru] JUST IN: Tether CEO Paulo Ardoino says the company now owns ~150,000 Bitcoin wor...
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Tether CEO Paolo Ardoino said the company now holds roughly 150,000 Bitcoin worth more than $11.5 billion, confirming the stablecoin issuer as one of the largest corporate BTC holders. The disclosure underscores how Tether has been redirecting profits into Bitcoin and gold as part of its reserve strategy, reinforcing the link between its USDT issuance business and crypto-market exposure. The position is comparable in scale to major corporate treasury holders such as MicroStrategy, making Tether's balance sheet a meaningful swing factor for BTC demand. Watchers will focus on whether Tether continues accumulating on a quarterly cadence and on any reserve-attestation updates detailing the Bitcoin share of its backing assets.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
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Tether, Paolo Ardoino, Bitcoin (BTC)
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