Crypto

Is Tether Selling Off Its Extensive Bitcoin Reserves? CEO Reveals Facts

In-Depth Insights: Tether’s Strategic Bitcoin Investments

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Paolo Ardoino: Tether’s Ongoing Commitment to Bitcoin

Paolo Ardoino, the CEO of Tether, recently addressed rampant speculation surrounding the company’s Bitcoin holdings. Contrary to circulating rumors, Ardoino emphasized that Tether continues to allocate portions of its profits into Bitcoin, gold, and real estate, refuting claims of reducing its Bitcoin reserves in favor of gold accumulation.

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Speculation surged after Tether’s quarterly reports suggested a decrease in Bitcoin reserves. However, both Ardoino and Samson Mow, CEO of Jan3, have categorically denied any Bitcoin sales, reinforcing Tether’s unwavering dedication to Bitcoin investments.

Samson Mow Clarifies Misunderstandings About Bitcoin Holdings

Within the cryptocurrency community, rumors have been rife about Tether’s alleged sale of Bitcoin assets. These speculations suggested that the stablecoin titan was offloading Bitcoin to increase its gold reserves.

Renowned crypto analyst Samson Mow took to social media platform X to debunk these claims. Mow referenced an analysis by Clive Thompson, highlighting a decline in Tether’s Bitcoin holdings from 92,650 BTC at the close of Q1 2025 to 83,274 BTC by the end of Q2 2025. Thompson inferred that Tether was exchanging Bitcoin for gold.

However, Mow pointed out a crucial detail overlooked in this analysis: Tether had reallocated a portion of its Bitcoin to support its venture, Twenty One Capital (XXI). Mow explained that transfers of 14,000 BTC and 5,800 BTC were made to XXI in June and July, respectively.

When these transfers are factored in, Tether actually concluded Q2 with a net increase of 4,624 BTC compared to Q1. Including July’s allocation, Tether’s total Bitcoin holdings grew by over 10,000 BTC. Mow criticized the rumors as baseless attempts to generate negative sentiment, affirming Tether’s bullish stance on Bitcoin.

Tether CEO Affirms Investment Strategy

Responding to the discourse, Tether CEO Paolo Ardoino directly addressed these speculations. He firmly rejected the notion that Tether had liquidated any Bitcoin to purchase gold, clarifying that any perceived reduction in Bitcoin holdings was due to strategic transfers to Tether’s investment division, Twenty One Capital (XXI), rather than sales.

“Indeed, Tether has not sold any Bitcoin,” Ardoino confirmed. “As Samson mentioned, we have allocated a segment of our holdings to XXI.”

Ardoino further elaborated on Tether’s commitment to channel a portion of its profits into stable assets like Bitcoin, gold, and land. Beyond Bitcoin investments, Tether has shown significant interest in gold, which Ardoino likens to “natural Bitcoin.” The company is actively exploring gold mining ventures and has recently invested $105 million for a minority stake in the gold royalty firm, Elemental Altus.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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