Tether Bitcoin Holdings Rival Corporate Treasury Giants

Tether Bitcoin holdings have reached 150,000 BTC, putting the company behind USDT among the world’s largest corporate Bitcoin holders. CEO Paolo Ardoino revealed the figure during his keynote at the Plan ₿ Forum in Lugano, Switzerland, on November 3. The position is worth $11.5 billion at the current price. The disclosure places Tether behind only Strategy among major corporate Bitcoin treasury holders. It also highlights how the stablecoin giant is turning profits from its dollar-pegged business into a substantial Bitcoin position. Tether has built its treasury through a strategy announced in May 2023. The company committed to allocating up to 15% of its net realized operating profits toward Bitcoin purchases.

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