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Paolo Ardoino says Tether holds 150,000 Bitcoin and serves over 730m users

NewsFeeds update

Tether chief executive Paolo Ardoino said at the Plan ₿ Forum in Lugano that the company holds about 150,000 Bitcoin and has more than 730m users, adding about 30m wallets each quarter. Its third-quarter attestation shows $123bn of direct US Treasury holdings, $132bn including repos, and $7.95bn of excess reserves.

StablecoinsChainCatcherAIBullish

Read the original on ChainCatcher

The story so far: Tether reserves and financials

Tether's third-quarter attestation showed total assets of about $192bn and liabilities of about $184bn, leaving a $7.96bn surplus. CEO Paolo Ardoino said Tether holds about 150,000 Bitcoin and serves over 730m users. Ardoino now says Tether bought another 50,000 Bitcoin, taking holdings to 150,000.

  1. Tether says third-quarter net operating profit reached $1.5bn as excess reserves neared $8bn

    Tether's BDO-prepared attestation showed total assets of about $192bn and liabilities of about $184bn at 30 September, leaving a $7.96bn surplus, nearly double the $4.1bn at the end of the second quarter. Cumulative net operating profit for 2026 reached $4.5bn.

    StablecoinsPANewsAIBullish

  2. Paolo Ardoino says Tether holds 150,000 Bitcoin and serves over 730m users

    Tether chief executive Paolo Ardoino said at the Plan ₿ Forum in Lugano that the company holds about 150,000 Bitcoin and has more than 730m users, adding about 30m wallets each quarter. Its third-quarter attestation shows $123bn of direct US Treasury holdings, $132bn including repos, and $7.95bn of excess reserves.

    StablecoinsChainCatcherAIBullish

  3. Tether says it has added 50,000 Bitcoin, taking holdings to 150,000

    Tether CEO Paolo Ardoino said the company has bought another 50,000 Bitcoin, bringing its total holdings to 150,000. Bitcoin Treasuries said the move takes private companies' combined Bitcoin holdings above 200,000.

    BitcoinOdailyAIBullish

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.