Tether CEO says firm holds 150,000 bitcoin, 50,000 above reserve report figure
Tether CEO Paolo Ardoino said in Lugano that the company holds about 150,000 bitcoin, worth roughly $11.5 billion. That is 50,000 BTC more than its published reserve report shows. The disclosure signals larger-than-reported stablecoin-issuer exposure to bitcoin, a modest confidence positive for BTC holders tracking large institutional holdings.
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1H AGOYou’re reading thisTether CEO says firm holds 150,000 bitcoin, 50,000 above reserve report figureBitcoin Magazine · Score 45
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9H AGOCoinDesk · Score 47 · via 150,000 bitcoin, holds 150,000
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14H AGOcrypto.news · Score 55 · via 150,000, holds 150,000