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Tether Holds 100K+ Bitcoins and 50 Tons of Gold, CEO Reveals

  • 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.

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