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Tether’s Bitcoin holdings top $11.55 billion, CEO Paolo Ardoino says

Tether’s Bitcoin holdings top $11.55 billion, CEO Paolo Ardoino says
Tether’s BTC holdings exceed $11.55 billion

Tether holds approximately 150,000 BTC, with the value of its Bitcoin reserves now exceeding $11.55 billion, according to CEO Paolo Ardoino.

Jordan Kerridge reported that Tether is amassing one of the largest corporate BTC positions in the world.

Kerridge recently reported that the U.S. Treasury plans to buy back up to $6 billion of longer-term debt. In a separate article, he noted that Iran has conditioned reopening the Strait of Hormuz on U.S. acceptance of its terms. These developments have drawn attention to large institutional moves and global market conditions.

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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