Tether’s Treasure Trove: 100K Bitcoin & 50 Tons of Gold! 💰✨

by

Oh, darling, gather ’round! Tether, the illustrious purveyor of the world’s most stable stablecoin, USDT, has just sent ripples through the Bitcoin 2025 soirée. Paolo Ardoino, the dashing CEO, has declared that they now possess a staggering 100,000 Bitcoin and a veritable mountain of 50 tons of gold. One must wonder, is this a financial strategy or merely a very extravagant game of Monopoly? 🎩

In the grand year of 2024, Tether raked in a jaw-dropping profit of $13 billion. Yes, you heard that right! With a treasure chest of $120 billion in U.S. Treasury Bills, they’ve become the biggest hoarders of short-term government debt in the land. It’s almost as if they’re playing a game of “who can collect the most shiny things” while supporting the USDT stablecoin, which is now the darling of over 420 million users worldwide. Talk about a popularity contest! 🏆

BREAKING: Tether has just announced it owns over 100,000 #Bitcoin and more than 50 tons of gold.

— Bitcoin Magazine (@BitcoinMagazine) May 29, 2025

Ah, but the plot thickens! Tether’s strategy is as clear as a well-polished diamond—diversify, darling! With over $6.8 billion in Bitcoin, they’ve secured a spot among the elite corporate BTC holders. And let’s not forget their gold stash, which is turning more heads than a Hollywood premiere, especially as traditional investors are doing the cha-cha from gold to Bitcoin. 💃

USDT now struts its stuff in 62% of all spot trading on centralized exchanges. It’s not just a cryptocurrency; it’s practically a household name, with an estimated 138 million people accessing USDT through various platforms. Who knew finance could be so glamorous? 💄

Ardoino’s speech was nothing short of a declaration of war on mediocrity, positioning Tether as a titan in the financial realm, not merely a stablecoin issuer. Their reserves now rival those of major banks and funds, proving they have faith in both digital and traditional assets. Bravo! 👏

Meanwhile, the drama unfolds in Washington, where a pivotal market structure bill is set to waltz into a congressional hearing next month, potentially rewriting the script for U.S. crypto regulation. Stay tuned, darlings! 🎭

Read More

2025-05-30 07:17