A post by @WuBlockchain on X.
Tether CEO: Company Holds 150,000 BTC, Mining Hashrate Tops 50 EH/s
@WuBlockchain on X
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Tether CEO Paolo Ardoino said at Plan ₿ Forum 2026 in Lugano that the company holds 150,000 BTC and has built one of the world's largest mining operations, with hashrate topping 50 EH/s. The disclosure places the stablecoin issuer among the largest corporate bitcoin holders and confirms its expansion from reserves into mining. The figures matter because Tether's BTC stack and mining capacity increasingly tie the USDT issuer's balance sheet to bitcoin's price and network economics. Watch for further disclosures on the composition and custody of the 150,000 BTC and on how the 50 EH/s mining buildout scales.
Muhabbit's AI wrote this summary of @WuBlockchain's post in its own words. It can get details wrong, so read the post on X.
Named in this story
Tether, Paolo Ardoino, Bitcoin (BTC), Plan ₿ Forum 2026, Lugano
A linked name opens that asset's sentiment page.