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.