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Tether CEO reveals company holds about 150,000 Bitcoin, worth $11.5B, exceeding recent reserve reports.

Protocol Fundamentals
03 Nov 2026, 18:06 WIB
AMBCrypto
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Neutral
Tether CEO reveals company holds about 150,000 Bitcoin, worth $11.5B, exceeding recent reserve reports.

Tether CEO Paolo Ardoino disclosed at the Plan ₿ Forum that the company owns roughly 150,000 Bitcoin, valued at about $11.5 billion as of early November. This figure is higher than Tether's latest reserve report from September, which showed around 100,060 BTC backing its USDT stablecoin. Ardoino did not specify when or how these Bitcoins were acquired, leaving some uncertainty about the composition and timing of the holdings. Tether's reserves also include significant U.S. Treasury holdings, with a total reserve surplus of about $7.95 billion as of September, indicating strong backing for its stablecoin despite unclear Bitcoin acquisition details.

Tether's Bitcoin holdings and reserves provide context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Nov 03, 2026 22:32 WIB: among 50 major cryptocurrencies, 18 rose and 31 fell today. Notably, FTM (Fantom) traded at Rp11.382 with a 1-day change of -2.05% and a typical hold time of 88 days, LINK (Chainlink) at Rp201.715 with 41% Sell / 59% Buy order activity and a 1-day change of -1.90%, and ATOM (Cosmos) at Rp25.989 with 4% Sell / 96% Buy order activity and a 1-day change of -1.86%.

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