Tether’s Bitcoin Fortune Extends Beyond Its Publicly Identified Wallet

Tether CEO Paolo Ardoino has disclosed a substantially larger bitcoin treasury than previously documented in the stablecoin issuer’s financial statements. His remarks at a Swiss cryptocurrency conference introduce new questions about the company’s investment activities, asset ownership, and the extent of its publicly reported financial holdings. Tether’s bitcoin fortune appears considerably larger than its latest reserve attestation suggests. Speaking at the Plan ₿ Forum in Lugano, Switzerland, CEO Paolo Ardoino told attendees that the company controls approximately 150,000 BTC, valued at $11.5 billion, using an estimated market price of $77,000 per coin. If accurate, the disclosure would place Tether among the largest corporate holders of the leading crypto asset, behind Strategy, which reported 849,327 BTC during yesterday’s purchase announcement .

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