CEO Paolo Ardoino of Tether announced at the 2025 Bitcoin Conference in Las Vegas that Tether will become the largest Bitcoin miner globally.
Tether currently holds over 100,000 Bitcoins and more than 50 tons of gold, with a commitment to reinvest heavily in Bitcoin.
Ardoino emphasized Tether's strong support for Bitcoin, its origins in cryptocurrency, and its AI system designed for societal benefit.
Additionally, Paolo mentioned Tether's investment in energy production and hinted at their collaboration with Rumble for a Bitcoin-focused wallet project.