CoinDesk reports that Tether CEO Paolo Ardoino confirmed the company holds 150,000 bitcoin, valued at approximately $11.5 billion. Ardoino did not disclose the location of these bitcoins. Notably, holdings outside of Tether's USDT reserves, including investments, are not reflected in their official reports.

AI-assisted source briefing. Based on the CoinDesk report; not independently verified.

Source published: Tue, 03 Nov 2026 10:15:53 +0000