Tether’s Bitcoin holdings total about 150,000 BTC, CEO says

Tether’s Bitcoin holdings total approximately 150,000 BTC, CEO Paolo Ardoino said during a keynote at the Plan ₿ Forum in Lugano, Switzerland. The estimate covers Bitcoin on the company’s corporate balance sheet, alongside its investments in financial infrastructure and technologies beyond stablecoin payments.

Ardoino also put Tether’s global reach at more than 730 million users, with roughly 30 million new wallets added each quarter. Those figures describe separate measures: the company’s claimed user base and its quarterly wallet growth.

Tether’s Bitcoin holdings alongside its Treasury exposure

Tether’s third-quarter attestation recorded approximately $122.8 billion in directly held U.S. Treasury bills, rising to $132.4 billion when repurchase agreements are included. Published on October 30, 2026, the attestation was prepared by BDO.

The financial disclosure put total reserve assets at $191.45 billion against approximately $183.50 billion in liabilities. Excess reserves reached $7.95 billion, up from $4.1 billion at the end of June. Third-quarter net operating profit was $1.5 billion, bringing the nine-month total to $4.5 billion.

As of September 30, the report put the value of Bitcoin held in reserves at $8.37 billion, up from roughly $5.8 billion at the close of June. That reserve valuation is separate from Ardoino’s company-wide estimate of Tether’s Bitcoin holdings.

Ardoino also outlined the Independence Stack initiative, extending the presentation beyond assets and user numbers. Its scope includes energy and Bitcoin mining, communications using peer-to-peer technology, wallets offering self-custody, and artificial intelligence running on devices.

Article produced with the assistance of artificial intelligence and reviewed by the editorial team.