Tether Holds Over 100,000 Bitcoin and 50 Tons of Gold, CEO Reveals
World’s Largest Stablecoin Issuer Discloses Massive Holdings
Tether CEO Paolo Ardoino announced at Bitcoin 2025 that the USDT issuer currently holds:
- Over 100,000 Bitcoin – worth more than $10 billion
- 50+ tons of physical gold – billions in precious metals reserves
- $13 billion in profits generated in 2024 alone
These holdings make Tether potentially the most profitable company in the entire cryptocurrency industry.
Strategic Reserve Diversification
According to Tether’s Q1 2025 report, the company maintains over $7 billion in Bitcoin and more than $6 billion in physical gold bars. This diversified approach supports over $120 billion in USDT stablecoin circulation.
Physical gold treasury reserves | Source: Federal Reserve Bank of New York
Addressing Bitcoin maximalists’ concerns about gold holdings, Ardoino explained: “Gold is not competing with bitcoin; gold is competing with fiat and that’s why we like a little bit of gold.”
Market Impact and Corporate Adoption
Tether’s Bitcoin accumulation aligns with broader corporate treasury trends, joining companies like MicroStrategy in holding substantial cryptocurrency reserves. The disclosure comes as Bitcoin recently reached new all-time highs above $109,000.
The announcement coincides with Cantor Fitzgerald Asset Management’s plans for a Bitcoin fund offering gold-based downside protection, highlighting continued institutional innovation in cryptocurrency investment products.
Key Takeaways
Tether’s massive Bitcoin and gold holdings demonstrate the company’s financial strength while validating Bitcoin as a legitimate corporate treasury asset. The diversified reserve strategy balances growth potential with traditional store-of-value assets, reinforcing Tether’s position as the dominant stablecoin issuer globally.
