Tether Scales Back on Planned $15B Fundraising: Report
The post Tether Scales Back on Planned $15B Fundraising: Report appeared on BitcoinEthereumNews.com.
Key Notes Tether scaled back its planned $15B-$20B raise to as little as $5B. The company generated about $10B in profit last year and holds over $30B in excess reserves. Tether now holds more than $141B in US Treasury exposure and 80-116 metric tons of gold. Tether has scaled back plans for a large funding round after investors pushed back on its $500 billion valuation target. The company had previously explored raising $15 billion to $20 billion, which would have placed it among the most valuable private firms globally. Advisers are now discussing a much smaller raise, potentially as low as $5 billion. This follows investor hesitation around valuation rather than concerns about liquidity. Tether remains highly profitable and is under no pressure to raise capital. https://twitter.com/WuBlockchain/status/2018919272786079847 Profitability Reduces Need for Capital Tether generated roughly $10 billion in profit last year, driven mainly by yield on reserves backing USDT. The company controls the world’s largest stablecoin, with around $185 billion to $187 billion in circulation, and operates with a tight internal ownership structure. Insiders have shown little interest in selling equity, which has limited the size of any potential deal. Management has stated that selling no shares at all remains an acceptable outcome. Tether’s balance sheet now resembles that of a large financial institution. According to its latest January attestation, the company holds more than $122 billion in direct US Treasuries, with total Treasury exposure exceeding $141 billion when including short-term lending agreements. Alongside government debt, Tether has built one of the largest private gold positions in the world. Its reserves and tokenized gold product together account for roughly 80 to 116 metric tons of gold, with around 27 tons added in the fourth quarter of 2025 alone. For now, fundraising talks remain active but flexible. The final size of…
Filed under: News - @ February 4, 2026 9:22 am