Tether holds roughly 150,000 bitcoin worth $11.5 billion, CEO Paolo Ardoino says
Tether CEO Paolo Ardoino announced that the stablecoin issuer owns approximately 150,000 bitcoin worth over $11.5 billion, an amount roughly 50,000 coins higher than reported in its latest reserve attestation.
Tether holds approximately 150,000 bitcoin valued at more than $11.5 billion, Chief Executive Officer Paolo Ardoino revealed during his keynote speech at the Plan ₿ Forum in Lugano. Addressing the company's holdings, Ardoino quipped that the firm holds roughly that amount and described the position by stating, "It's not much but it's honest work."[6][7][3]
The disclosed stash is about 50,000 bitcoin larger than implied by Tether's latest reserve report. Ardoino did not explicitly detail where the extra coins are held, but holdings kept outside USDT backing, such as corporate investments, do not appear in stablecoin reserve attestations. Tether routinely allocates up to 15% of its quarterly profits toward bitcoin purchases and has expanded into bitcoin mining and open-source infrastructure.[3][5][8][2][1]
During the presentation, Ardoino also claimed that Tether serves over 730 million users globally while onboarding around 30 million new wallets each quarter. According to Tether's Q3 2026 attestation, the company holds roughly $122.8 billion in U.S. Treasury bills directly—or $132.4 billion including repurchase agreements—with excess reserves near $7.95 billion. Ardoino also outlined the firm's broader Independence Stack initiative, which spans energy, mining, peer-to-peer communications, self-custody wallets, and on-device artificial intelligence.[6]
Key facts
- Tether CEO Paolo Ardoino announced that Tether holds approximately 150,000 bitcoin worth more than $11.5 billion.
- The disclosed 150,000 BTC total is roughly 50,000 coins higher than the amount indicated in Tether's latest USDT reserve attestation.
- Ardoino did not specify where the additional ~50,000 BTC are kept, though assets held outside USDT backing as proprietary investments do not appear in reserve reports.
- Tether allocates up to 15% of its quarterly profits toward purchasing bitcoin.
- Ardoino stated Tether reaches over 730 million users globally and adds around 30 million new wallets each quarter.
- Tether's Q3 2026 attestation reported roughly $122.8 billion in direct U.S. Treasury bills ($132.4 billion including repurchase agreements) and $7.95 billion in excess reserves.
Sources · 8 sources
- CB
Crypto Briefing@Crypto_BriefingPost on X ·
🟠 NEW: Tether holds roughly 150,000 BTC and is increasing its involvement in Bitcoin through mining investments and open-source infrastructure, CEO Paolo Ardoino says. https://t.co/D5oq0ZcqZe
Open source - CP
Crypto Patel@CryptoPatelPost on X ·
JUST IN: Tether CEO reveals the company holds approximately 150,000 $BTC worth over $11.5 BILLION. Tether allocates up to 15% of quarterly profits to Bitcoin purchases. https://t.co/p3zk0jc7zf
Open source - CO
CoinDesk@CoinDeskPost on X ·
JUST IN: @Tether CEO @paoloardoino reveals the company holds 150,000 $BTC worth $11.5B, roughly 50,000 more than implied by its latest reserve report, with the additional coins held outside $USDT backing as proprietary investments. https://t.co/i7YLORMIKX
Open source - TW
The Wolf Of All Streets@scottmelkerPost on X ·
TETHER HOLDS ABOUT 150,000 $BTC WORTH ~$11.5B, CEO PAOLO ARDOINO SAYS THAT'S ROUGHLY 50,000 MORE THAN ITS LATEST RESERVE REPORT IMPLIES https://t.co/BGlrgcNiob
Open source - CO
CoindeskArticle ·
Tether holds 150,000 bitcoin worth $11.5 billion, CEO Paolo Ardoino says Ardoino didn’t say where the extra coins sit. Holdings outside USDT reserves, such as Tether’s investments, wouldn’t appear in the report.
Open source - WB
Wu Blockchain@WuBlockchainPost on X ·
Tether CEO Says Company Owns Approximately 150,000 Bitcoin Tether CEO Paolo Ardoino said during his keynote at the Plan ₿ Forum in Lugano that the company owns approximately 150,000 BTC. He also claimed that Tether serves more than 730 million users globally, adding around 30 million new wallets per quarter. According to Tether’s Q3 2026 attestation, the company held approximately $122.8 billion in U.S. Treasury bills directly, or $132.4 billion including repurchase agreements, while excess reserves reached approximately $7.95 billion. Ardoino also outlined Tether’s broader Independence Stack initiative, covering energy, Bitcoin mining, peer-to-peer communications, self-custody wallets, and on-device AI.
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🔥 BULLISH: Tether CEO Paolo Ardoino during Lugano’s Plan ₿ Forum says, “We have, give or take 150,000 $BTC. It’s not much but it’s honest work.” How much $BTC do you think Tether will hold by 2030? https://t.co/7mQA2HEw9H
Open source - CB
Coin Bureau@coinbureauPost on X ·
🔥BIG: Tether holds about 150,000 BTC worth $11.5 BILLION, CEO Paolo Ardoino reveals. That tops every public company on BitcoinTreasuries’ list except Strategy, which holds 849,327 BTC, about 5.7 times as much. Privately held Tether sits outside the ranking. The figure is roughly 50,000 BTC above its reported USDT reserve holdings. Separate proprietary investments could explain the gap, but Ardoino did not clarify or confirm a new purchase, per CoinDesk. Tether allocates up to 15% of net realized operating profits to Bitcoin purchases.
Open source