Tether CEO revealed that the company holds over 100,000 bitcoins, valued at over $10 billion, and 50 tons of gold, showcasing strong asset diversification.
Tether reported a profit of approximately $13 billion in 2024, emphasizing its financial strength in the cryptocurrency sector.
Tether holds $7 billion in bitcoin and $6 billion in physical gold, as per their latest reserve report, spreading investments in both assets.
Cantor Fitzgerald launched a bitcoin fund with gold-backed downside protection, showing a growing connection between bitcoin and gold for investments.