Finance2 sources

Tether CEO Claims 150,000 Bitcoin Holdings, Exceeding Reported Reserves

  • Tether CEO Paolo Ardoino claims the company holds about 150,000 Bitcoin, valued at $11.5 billion.
  • This figure is approximately 50,000 Bitcoin more than what is shown in Tether's latest reserve report.
  • The discrepancy may be due to Bitcoin holdings outside of USDT reserves, such as investments.
  • Ardoino did not specify where the additional Bitcoin is held.
  • The reported reserves do not include holdings outside of USDT reserves.
Tether CEO Claims 150,000 Bitcoin Holdings, Exceeding Reported Reserves | Split Angle