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Paolo Ardoino, CEO of Tether, has dismissed talk of a Bitcoin sell-off, making it clear that the company continues to direct part of its profits into Bitcoin, gold, and even land. His comments come in the wake of speculation that the stablecoin giant had reduced its exposure to BTC in order to accumulate more gold.
The rumors of Tether’s Bitcoin sell-offs gained traction after quarterly reports showed a decline in its Bitcoin reserves, but both Ardoino and Jan3 CEO Samson Mow have noted that no sales took place and that Tether’s commitment to Bitcoin is only growing stronger.
Samson Mow Debunks Rumors Of Bitcoin Sell-Off
Rumors have spread across the crypto
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