By Isaac • November 3, 2026 8:00 am •
Tether CEO Paolo Ardoino says the company now holds roughly 150,000 Bitcoin, a position worth about $11.5 billion at current prices.
That would make the stablecoin issuer one of the largest corporate Bitcoin holders in the world. It also creates a major accounting question, because the figure is about 50,000 BTC higher than the Bitcoin balance implied by Tether’s latest reserve report.
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A CoinDesk analysis says Ardoino disclosed the number during his Plan ₿ Forum keynote in Lugano, Switzerland. He described it as “give or take” 150,000 BTC, but did not provide wallet addresses, an acquisition schedule or a breakdown showing where every coin sits.
The report compared that estimate with Tether International’s third-quarter reserve statement.
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