
DECRYPT · 2026-11-03 22:46 UTC
Tether Holds 150,000 Bitcoin, CEO Says—About 50,000 More Than Its Reserve Report Shows
Tether CEO Paolo Ardoino stated the company holds approximately 150,000 Bitcoin worth $11.5 billion, exceeding the 100,060 BTC implied by its Q3 reserve attestation by about 50,000 coins. The additional 50,000 Bitcoin worth $3.8 billion are not accounted for in public filings; Ardoino did not disclose their location or acquisition timing, though Tether maintains corporate Bitcoin investments are separate from USDT reserves. Tether reported $191.45 billion in Q3 assets against $183.50 billion in liabilities with a $7.95 billion cushion, and has been accumulating Bitcoin since committing to…
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