Markets

Tether CEO Says Company Holds 150,000 Bitcoin Worth $11.5 Billion

November 3, 2026, 10:15 AM UTC (10 hours ago) · 1 source · Summarized by CryptoBipto

Tether CEO Paolo Ardoino stated that the stablecoin issuer holds 150,000 bitcoin valued at approximately $11.5 billion. This disclosure highlights the scale of Tether's bitcoin reserves as part of its broader asset holdings backing the USDT stablecoin.

WHY IT MATTERS

Tether issues USDT, a type of cryptocurrency called a stablecoin that is meant to always be worth one U.S. dollar.

Read the full analysis with a CryptoBipto membership

Members read why every story matters and the full analysis behind it.

Join CryptoBipto Member sign-in

SOURCES

coindesk.com

BTCUSDTTetherStablecoinsCorporate Bitcoin HoldingsReserves Transparency

Learn the concepts behind this

Clear explanations of the subjects this article touches, with every term defined.

What are stablecoins, NFTs and tokenized assets?What stablecoins are and how they hold a steady value, what an NFT represents, and what it means to tokenize a real-world asset.