Mars Finance News: Tether's CEO Paolo Ardoino revealed at the Bitcoin 2025 Conference that the company currently holds over 100,000 bitcoins (valued at more than $10 billion) and over 50 tons of gold. According to the latest financial report, as of the end of the first quarter of 2025, Tether's bitcoin holdings were worth over $7 billion (calculated at $83,000 per coin), with physical gold bars valued at over $6 billion. Ardoino stated that Tether achieved approximately $13 billion in profits in 2024, making it the most profitable enterprise in the crypto industry. Regarding the decision to hold gold, he explained that "gold is not competing with Bitcoin, but competing with fiat currency". Currently, USDT is the world's largest US dollar stablecoin. (The Block)
Tether CEO: The company holds more than 100,000 bitcoins and 50 tons of gold
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