Tether CEO: The company currently holds over 100,000 BTC and 50 tons of gold
ChainCatcher news, according to The Block, Tether CEO Paolo Ardoino disclosed at the Bitcoin 2025 conference that the company currently holds over 100,000 BTC (worth over $10 billion) and more than 50 tons of gold.
According to the latest financial report, as of the end of the first quarter of 2025, Tether's Bitcoin holdings were valued at over $7 billion (calculated at $83,000 per coin at that time), and the value of physical gold bars exceeded $6 billion. Ardoino stated that Tether achieved approximately $13 billion in profit in 2024, making it the most profitable company in the crypto industry.
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