The post Tether Holds 100K+ Bitcoins and 50 Tons of Gold, CEO Reveals appeared on BitcoinEthereumNews.com.

Tether holds $7B in bitcoin and $6B in gold, showing strong asset diversification. Cantor Fitzgerald launches bitcoin fund with gold-backed downside protection. At Bitcoin 2025 in Las Vegas, Tether CEO Paolo Ardoino disclosed that the company currently holds more than 100,000 bitcoins, worth over $10 billion. Tether is the leader in the world for issuing US dollar-pegged stablecoins. As well as owning a great deal of bitcoin, the company has accumulated more than 50 tons of gold. Being involved in both digital and real assets has made Tether one of the strongest financially in the cryptocurrency sector. It was shown in the company’s 2024 annual review that it had a profit of about $13 billion, showing how strong its presence in the market is. Tether CEO Doino explained the company’s gold holdings to an audience made up largely of Bitcoin enthusiasts. He pointed out that gold isn’t a rival to Bitcoin, rather it takes on fiat currency. He emphasized that Bitcoin is “perfect,” while gold is “imperfect,” adding that Tether holds gold as a strategic asset alongside Bitcoin. Tether Holds $7B in Bitcoin and $6B in Physical Gold According to Tether’s latest reserve report for the first fiscal quarter of 2025, the company held over $7 billion in bitcoin based on an estimated price of about $83,000 per coin. According to Tether, more than $6 billion worth of gold in the form of physical bars is in its holdings. The U.S. firm is spreading its investments through adding both gold and bitcoin to its currency reserves. The price of Bitcoin has continually risen, and it has just reached a new all-time high. A number of businesses, including Strategy, are building up their bitcoin holdings, some concentrating mostly on acquiring cryptocurrency. Tether’s strong fund adds to the increasing appeal and reputation…

---

Filed under: News - @ May 30, 2025 11:29 am