Tether doubles Q3 ‘equity,’ owns ‘give or take’ 50,000 more BTC

Homepage > News > Business > Tether doubles Q3 ‘equity,’ owns ‘give or take’ 50,000 more BTC TL;DR: Tether nearly doubled its equity to just under $8 billion in Q3 2026 on BTC gains, but Ardoino’s claim of ~150,000 BTC exceeds the attestation by ~50,000, and GENIUS-compliant reserves fell to 72.9%. Former CEO Jean-Louis van der Velde topped the Dutch Quote 500 with a net worth of €26 billion (US$29 billion). Key Takeaways: Tether’s equity rose from $4.1 billion to just under $8 billion in Q3 2026, led by $8.37 billion in BTC. Where’s the extra BTC? Ardoino claims ~150,000 BTC, about 50,000 more than the attestation shows. Tether’s share of ‘compliant’ reserves keeps shrinking, to 72.9% under the GENIUS Act from 77.2% a year ago. Tether’s former CEO named richest Dutchman, by a wide margin: van der Velde leads the Quote 500 at €26 billion (US$29 billion). Tether nearly doubled its ‘equity’ in the third quarter of 2026, largely on the strength of its BTC token treasury, and the company claims it’s not even counting the other BTC it has stashed away somewhere secret. The latest ‘attestation’ of the reserve assets backing Tether’s $183.5 billion in circulating USDT stablecoins...