Tether CEO Paolo Ardoino has personally addressed and denied rumors that the company sold off its Bitcoin holdings. In a post on social media, he confirmed that Tether has not sold any Bitcoin and is, in fact, continuing to invest its profits into Bitcoin, as well as gold and land, as part of a long-term strategy.
The rumors started when an analyst noted a drop in Bitcoin holdings in a recent report. However, Ardoino and others, including Jan3 CEO Samson Mow, clarified that this was not a sale but a strategic transfer of 19,800 Bitcoin to a company called Twenty One Capital (XXI). When this transfer is taken into account, Tether’s net Bitcoin holdings actually increased.
Ardoino also reiterated that the company is actively diversifying its assets beyond crypto. Tether has built up a significant holding of nearly 80 tons of gold, valued at about $8.7 billion, and is exploring investments across the gold supply chain. He described gold as a "trusted legacy asset" and a core part of their reserve strategy.
The company remains one of the largest corporate holders of Bitcoin, with over 100,521 coins. Ardoino emphasized Bitcoin's role as a key pillar of Tether's reserves, showcasing a strategy that blends digital assets for innovation with traditional assets for stability.
September 2025, Cryptoniteuae