
{"id":247169,"date":"2026-11-03T18:06:27","date_gmt":"2026-11-03T18:06:27","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=247169"},"modified":"2026-11-03T18:06:27","modified_gmt":"2026-11-03T18:06:27","slug":"tether-holds-150000-bitcoin-ceo-says-50000-more-than-its-reserve-report-shows","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=247169","title":{"rendered":"Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/tether-holds-150000-bitcoin-ceo-says\">Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">Tether holds about 150,000 bitcoin, worth some $11.5 billion at current prices, CEO Paolo Ardoino said, a figure that exceeds the holdings implied by the company\u2019s latest reserve attestation by roughly 50,000 coins.<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe have give or take 150,000 bitcoin ourselves. It\u2019s not much, but it\u2019s honest work,\u201d Ardoino said during his keynote at the <a href=\"https:\/\/bitcoinmagazine.com\/news\/tether-and-lugano-launch-plan-%E2%82%BF\">Plan \u20bf Forum<\/a> in Lugano, Switzerland, the city where Tether has run a bitcoin and stablecoin adoption program since 2022.<\/p>\n<p class=\"wp-block-paragraph\">At that size the stack would rank Tether among the <a href=\"https:\/\/bitcointreasuries.net\/\" target=\"_blank\" rel=\"noopener\">largest<\/a> corporate holders of bitcoin, behind Strategy\u2019s 848,517 BTC (<em>as of Q3<\/em>) and ahead of most public miners and treasury companies.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Ardoino did not say where the additional coins sit, when they were bought or whether they belong to the stablecoin issuer or to Tether Investments, the arm that holds the group\u2019s venture and equity positions. The remark does not indicate a new 50,000 BTC purchase.<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p>JUST IN: Tether now holds approximately 150,000 Bitcoin worth $11.5 billion, CEO Paolo Ardoino announces  <a href=\"https:\/\/t.co\/s7HLmXwkQE\">pic.twitter.com\/s7HLmXwkQE<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/x.com\/BitcoinMagazine\/status\/2117583079107645580?ref_src=twsrc%5Etfw\">November 3, 2026<\/a>\n<\/p><\/div>\n<p class=\"wp-block-paragraph\">Tether International\u2019s third-quarter reserve report, <a href=\"https:\/\/tether.io\/news\/tether-generates-1-5-billion-in-q3-net-operating-profit-as-reserve-buffer-doubles-to-almost-8-billion\/\" target=\"_blank\" rel=\"noopener\">published<\/a> Oct. 30 with an attestation from BDO, lists $8.37 billion in bitcoin valued at $83,621.23 per coin as of Sept. 30. That implies about 100,060 BTC, up around 1,130 from the roughly 98,930 held at the end of June. Most of the quarter\u2019s $2.57 billion rise in the bitcoin line came from price, not purchases.<\/p>\n<p class=\"wp-block-paragraph\">The gap between the report and Ardoino\u2019s figure has a plausible home. Tether has said the investments it makes from profits are kept apart from the reserves backing USDT, so coins held by Tether Investments would not appear in the attestation.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Tether\u2019s bitcoin exposure extends past its own wallets. It <a href=\"https:\/\/bitcoinmagazine.com\/news\/tether-takes-control-of-twenty-one-capital\">took full control<\/a> of Twenty One Capital in May after buying out SoftBank, backs <a href=\"https:\/\/bitcoinmagazine.com\/news\/tether-backed-adecoagro-bitcoin-mining\">Adecoagro\u2019s mining<\/a> in Brazil, and runs mining and energy ventures in Latin America. Whether any of those positions sit inside the 150,000 figure is unclear.<\/p>\n<h2 class=\"wp-block-heading\">Tether\u2019s buffer built on bitcoin and gold<\/h2>\n<p class=\"wp-block-paragraph\">The disclosure lands as Tether\u2019s balance sheet grows more dependent on the two assets. The Q3 report shows $191.45 billion in reserve assets against $183.50 billion in liabilities, an excess of $7.95 billion, up from $4.11 billion in June when the cushion had halved.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Bitcoin at $8.37 billion and gold at about $19.1 billion together exceed that buffer several times over, so a sharp drop in either would eat into it. Treasury bills remain the bulk of reserves at about $132.4 billion.<\/p>\n<p class=\"wp-block-paragraph\">Tether earned about $1.5 billion in the quarter and $4.5 billion in the first nine months. In August it <a href=\"https:\/\/bitcoinmagazine.com\/news\/tether-completes-audit-with-kpmg\">completed its first independent audit<\/a> with KPMG, ending years of reliance on attestations alone. Ardoino <a href=\"https:\/\/www.coindesk.com\/business\/2026\/11\/03\/tether-holds-150-000-bitcoin-worth-usd11-5-billion-ceo-paolo-ardoino-says\" target=\"_blank\" rel=\"noopener\">said<\/a> at the forum that USDT has more than 730 million users and is adding about 30 million wallets a quarter.<\/p>\n<p class=\"wp-block-paragraph\">Bitcoin traded near $77,600 Tuesday, which puts Tether\u2019s stated holdings at $11.6 billion and its attested holdings at about $7.8 billion, below the Sept. 30 mark. The company has not said whether it plans to publish a breakdown of the coins held outside the reserve.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/tether-holds-150000-bitcoin-ceo-says\">Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows Tether holds about 150,000 bitcoin, worth some $11.5 billion at current prices, CEO Paolo Ardoino said, a figure that exceeds the holdings implied by the company\u2019s latest reserve attestation by roughly 50,000 coins. \u201cWe have give or take 150,000 bitcoin [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":247170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-247169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/247169"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=247169"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/247169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/247170"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=247169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=247169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=247169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}