Tether says it holds nearly 150,000 BTC worth over $11.5B
BROBROK News · Based on reporting by DiarioBitcoin ·
Paolo Ardoino said Tether holds about 150,000 BTC, valued at more than $11.5 billion. The figure is well above earlier disclosures and underscores how much Bitcoin has become part of the company’s balance sheet, though the source report has a date inconsistency.
Key points
- Ardoino put Tether’s Bitcoin holdings at roughly 150,000 BTC.
- That is above earlier disclosures of about 96,000 to 100,000 BTC.
- Tether has said since 2023 that it allocates up to 15% of quarterly net profits to Bitcoin.
- The same report cites about $132.4 billion in U.S. Treasuries and $7.95 billion in excess reserves.
- The original report contains an internal date mismatch, so the announcement timing should be treated carefully.
Why it matters
Tether’s BTC holdings matter because they add a volatile asset to the balance sheet of a major stablecoin issuer. That can shape how investors assess the company’s reserve mix and its exposure to swings in Bitcoin’s price.
Original headline: “Tether afirma que ya posee cerca de 150.000 BTC, valorados en más de USD $11.500 millones”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.