Collected source record

Tether CEO Says Company Owns Approximately 150,000 Bitcoin Tether CEO Paolo Ardoino said during his keynote at the Plan ₿ Forum in Lugano that the company owns approximately…

Wu Blockchain
Published: 2026-11-03 01:08 UTC
Collected: 2026-11-03 03:48 UTC
Original language: Not supplied by source

Original source excerpt

Tether CEO Says Company Owns Approximately 150,000 Bitcoin Tether CEO Paolo Ardoino said during his keynote at the Plan ₿ Forum in Lugano that the company owns approximately 150,000 BTC. He also claimed that Tether serves more than 730 million users globally, adding around 30 million new wallets per quarter. According to Tether’s Q3 2026 attestation, the company held approximately $122.8 billion in U.S. Treasury bills directly, or $132.4 billion including repurchase agreements, while excess reserves reached approximately $7.95 billion. Ardoino also outlined Tether’s broader Independence Stack initiative, covering energy, Bitcoin mining, peer-to-peer communications, self-custody wallets, and on-device AI.

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