Tether holds about 150,000 BTC, CEO says at Lugano Bitcoin forum

Tether CEO Paolo Ardoino has revealed that the stablecoin issuer owns approximately 150,000 Bitcoin as the company continues investing in digital assets and financial infrastructure. Summary Tether CEO Paolo Ardoino said the company owns nearly 150,000 Bitcoin, although he did not provide a detailed breakdown of those holdings. Ardoino claimed Tether serves more than 730 million users worldwide, adding around 30 million new wallets every quarter. Tether’s Q3 2026 attestation recorded $132.4 billion in direct and indirect U.S. Treasury bill exposure. The company’s excess reserves reached $7.95 billion at September’s end, while quarterly net operating profit stood at $1.5 billion. Ardoino outlined Tether’s Independence Stack, covering energy, Bitcoin mining, communications, self-custody wallets and artificial intelligence. According to Ardoino’s Plan ₿ Forum keynote in Lugano, Switzerland, Tether holds “give or take 150,000 Bitcoin” on its corporate balance sheet. The executive discussed the holdings alongside the company’s financial position and its plans to develop technologies beyond stablecoin payments. Ardoino claimed Tether serves more than 730 million users globally, with appr...