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Tether CEO Says Company Holds About 150,000 Bitcoin, Above Reserve Report

Tether CEO Paolo Ardoino said at the Plan ₿ Forum in Lugano that the company owns “give or take 150,000 Bitcoin,” roughly 50,000 more than its Q3 reserve report implies. That report indicates Tether holds 100,060 bitcoin. Ardoino did not explain the discrepancy between his figure and the attested reserve disclosure.

Original source

AI take

The gap between the CEO's public figure and the attested reserve report is the real story here, not the bitcoin holding itself. For a company whose credibility rests on reserve transparency, an unexplained ~50,000 BTC difference between a conference remark and a formal disclosure invites scrutiny from counterparties and auditors alike. Whether Ardoino clarifies the discrepancy — and whether it reflects timing, classification, or something else — is the open question worth watching.

Generated by AI for reference only.

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