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Willem Middelkoop: Tether gold holdings reach $18.8 billion in Q2/26

Willem Middelkoop: Tether gold holdings reach $18.8 billion in Q2/26
Tether gold reserves rise to $18.8 billion

Willem Middelkoop, founder, investor, commodity fund manager at Commodity Discovery Fund, highlights that Tether increased its gold purchases to 450,000 ounces in Q2/26, more than doubling the 210,000 ounces acquired in Q1/26.

This move brings Tether's total gold holdings to 4.7 million ounces, valued at $18.8 billion, representing approximately 10% of the company's reserves.

Earlier this year, Middelkoop indicated that mining-related investments were approaching a cyclical low. He also reported on a 61 percent rise in Q2 silver production at AYA following a site visit in Morocco. These updates follow his latest comments on Tether's gold acquisitions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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