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Nov 2, 2026

Tether CEO says company now holds approximately 150,000 Bitcoin

Tether CEO Paolo Ardoino disclosed the stablecoin issuer's Bitcoin holdings have reached about 150,000 BTC, valued at over $11.5 billion, marking a sharp increase from earlier 2026 disclosures.

Nov 2, 2026·3 sources

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Top claims

▪In May 2023, Tether introduced a policy to regularly allocate up to 15% of its quarterly net realized operating profits to purchasing Bitcoin to hold in self-custody
▪Tether CEO Paolo Ardoino said Tether supports approximately 5,000 solar-powered battery kiosks in Africa serving two million users, with plans to expand to 100,000 kiosks over five years
▪In October 2026, Tether secured support from 15 mining companies and manufacturers—including Bitmain, Bitdeer, Canaan, MicroBT, Foundry Digital, and F2Pool—for its open-source Mining Development Kit

Topics

Stablecoins Crypto investments Bitcoin

Related entities

Bitcoin USDT Africa Lugano