Business1 source
Tether holds 150,000 bitcoin worth $11.5 billion, CEO Paolo Ardoino says
Headline from CoinDesk
Key points
- Stablecoin issuer Tether now holds 150,000 bitcoin valued at roughly $11.5 billion, according to chief executive officer Paolo Ardoino.
- The executive did not clarify the exact location of the additional cryptocurrency.
- Furthermore, bitcoin holdings held outside of USDT reserve funds, including Tether's corporate investments, are not included in the official reserve report.
Summarized automatically by Kryptokite from reporting by CoinDesk. Read the original sources for full detail.
Coins mentioned
Sources
- CoinDeskTether holds 150,000 bitcoin worth $11.5 billion, CEO Paolo Ardoino says · 2 hours agoRead on CoinDesk
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