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Tether Denies Bitcoin Sell-Off Rumors, Reaffirms BTC, Gold, and Land Strate

September 7, 2025Updated:September 7, 2025No Comments3 Mins Read
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Tether Denies Bitcoin Sell-Off Rumors, Reaffirms BTC, Gold, and Land Strate
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Tether CEO Paolo Ardoino has denied current rumors that the stablecoin issuer is offloading its Bitcoin holdings to purchase gold.

In a Sunday put up on X, Ardoino stated the corporate “didn’t promote any Bitcoin,” and reaffirmed its technique of allocating income into property like “Bitcoin, gold, and land.”

The feedback got here in response to hypothesis from YouTuber Clive Thompson, who cited Tether’s Q1 and Q2 2025 attestation information from BDO to assert the agency had diminished its Bitcoin (BTC) place. Thompson pointed to a drop from 92,650 BTC in Q1 to 83,274 BTC in Q2 as proof of a sell-off.

Nonetheless, Jan3 CEO Samson Mow debunked the declare, noting that Tether transferred 19,800 BTC to a separate initiative known as Twenty One Capital (XXI) throughout the identical interval. That included 14,000 BTC despatched in June and one other 5,800 BTC in July.

Tether Denies Bitcoin Sell-Off Rumors, Reaffirms BTC, Gold, and Land Strate
Tether CEO denies Bitcoin sell-off rumors. Supply: Paolo Ardoino

Associated: Tether holds talks to speculate throughout gold provide chain: Report

Tether strikes $3.9 billion in BTC to XXI

In early June, Tether moved over 37,000 BTC, value roughly $3.9 billion, throughout quite a few transactions to help XXI, a Bitcoin-native monetary platform led by Strike CEO Jack Mallers.

“Tether would have had 4,624 BTC greater than on the finish of Q1 if the switch is accounted for,” Mow defined, including that the agency really elevated its internet holdings.

Ardoino echoed the reason, saying the Bitcoin was moved, not bought. “Whereas the world continues to get darker, Tether will proceed to speculate a part of its income into secure property,” he wrote.

Tether, the issuer of the USDt (USDT) stablecoin, holds over 100,521 BTC, value round $11.17 billion, in keeping with information from BitcoinTreasuries.NET.

Tether holds over 100,000 BTC. Supply: BitcoinTreasuries.NET

Associated: Tether scraps plan to freeze USDT on 5 blockchains

El Salvador buys $50 million in gold

Tether’s Bitcoin sell-off rumors got here as El Salvador revealed it has added 13,999 troy ounces of gold value $50 million to its overseas reserves, marking its first gold acquisition since 1990. The central financial institution stated the transfer is a part of a diversification technique to scale back reliance on the US greenback.