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Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows
Headline from Bitcoin Magazine
Key points
- Tether CEO Paolo Ardoino announced during an event in Lugano that the company currently holds approximately 150,000 bitcoin.
- This total carries an estimated value of $11.5 billion.
- Ardoino noted that this figure is 50,000 bitcoin higher than what was officially disclosed in Tether's recent reserve report, revealing larger digital asset holdings for the stablecoin issuer.
Summarized automatically by Kryptokite from reporting by Bitcoin Magazine. Read the original sources for full detail.
Coins mentioned
Sources
- Bitcoin MagazineTether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows · 2 hours agoRead on Bitcoin Magazine
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