Paolo Ardoino, CEO of Tether, rejected discussions on a sale of bitcoin, clearly indicating that the company continues to direct part of its profits in bitcoin, gold and even land. His comments arise in the wake of speculation according to which the giant of Stablecoin had reduced his exposure to the BTC in order to accumulate more gold.
Tether’s rumors Bitcoin sales gained ground after quarterly reports showed a drop in its Bitcoin reserves, but the CEO of Ardoine and Jan3, Samson Mow, noted that no sale had taken place and that Tether’s Bitcoin commitment only becomes stronger.
Samson Mow demystify rumors of the sale of bitcoin
Rumors have spread in the cryptography industry that Tether, the transmitter of the largest USDT in Stablecoin in the world, sells parts of its Bitcoin holdings massifs to buy gold.
In A post on The social media platform X, Samson Mow, a Popular Crypto commentator, underlined the analysis of the Creator of Content Clive Thompson, who noted that Tether’s assets went from 92650 BTC at the end of the first quarter 2025 to 83,274 BTC at the end of the purchase of gold.
According to Mow, this conclusion has ignored a key detail of the award of part of its Bitcoin reserves to finance its initiative, Twenty a capital (XXI). He explained that 14,000 BTC had been transferred to XXI on June 2, followed by 5,800 other BTC in July.
Taking into account these transfers, Tether actually put an end to the second quarter with a net increase of 4,624 BTC compared to the first quarter, and including the July allowance, the overall position of the company increased by more than 10,000 BTC. Mow described rumors as another example of despair for Bitcoins Bitcoins titles and said that Tether’s position on BTC is extremely optimistic.
Tether’s CEO confirms the commitment to bitcoin
Responding to the comments of Samson Mow, the CEO of Tether, Paolo Ardoino, also discussed speculation directly, and his answer rejected the idea that the company had liquidated any of its bitcoin to acquire gold. He said that the apparent reduction in the company’s bitcoin reserves was linked to transfers in the company’s investment branch, twenty-one capital (XXI), and not for any sale.
“Correct. Tether has not sold any bitcoin. As Samson says below, he contributed part of his hiding place in XXI, ” Ardoino said.
The CEO of Tether also noted that Tether is committed to channeling part of his profits in what he described as safe assets, such as Bitcoin, Gold and Earth. Attachment Investments extend beyond Only Bitcoin. Tether was also opened on his interest in gold, Ardoino calling him “natural bitcoin”. The reports indicate that The company is currently exploring investments in gold extraction projects and recently bought a minority participation in the Gold Elemental Altus fee for $ 105 million.
Pixabay star image, tradingView.com graphic
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