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Tether CEO: We Could Become the World’s Largest Bitcoin Miner by Year-End

  • Tether CEO explains that the firm's mining ambitions are driven by the need to safeguard its significant Bitcoin exposure, not for profit motives.
  • Tether, with a team of under 200 people, generated $13 billion in profit in 2024 and has diversified into various sectors, including Bitcoin mining.
  • CEO emphasizes the importance of being part of Bitcoin network security due to their exposure to Bitcoin, rather than focusing on mining for investment purposes.
  • Tether aims to become the world's largest Bitcoin miner by the end of the year, focusing on contributing to network security and decentralization.

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