Tether CEO announced they hold 150,000 Bitcoin worth $11.5 billion
Original headlineTether CEO’su, 11,5 milyar dolar değerinde 150.000 Bitcoin tuttuklarını açıkladı
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Tether CEO Paolo Ardoino said the stablecoin issuer holds 150,000 Bitcoin worth roughly $11.5 billion, about 50,000 BTC more than disclosed in its latest reserve report. The disclosure makes Tether one of the largest corporate Bitcoin holders and reinforces the role of BTC gains in backing its reserves. The gap versus the last attestation may reflect purchases or transfers since that report, though Tether has not detailed the timing. Watch for the next reserve attestation and any statement clarifying whether the additional Bitcoin sits in Tether's own treasury or in reserves backing USDT.
Muhabbit's AI wrote this summary in its own words from BTC Haber's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Tether, Bitcoin (BTC), Paolo Ardoino
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