Tether Holds About 150,000 Bitcoin, CEO Paolo Ardoino Says

TLDR Tether CEO Paolo Ardoino said the company holds about 150,000 Bitcoin. Tether’s Q3 report valued its Bitcoin reserves at $8.37 billion as of September 30. Excess reserves rose to $7.95 billion, and Q3 net operating profit was $1.5 billion. Direct and indirect Treasury bill exposure reached nearly $132.4 billion. Ardoino outlined the Independence Stack, [...]

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