At the Bitcoin 2025 conference in Las Vegas, Tether CEO Paolo Ardoino shared insights about the company's current reserves, which include significant amounts of bitcoin and gold.
Tether's Asset Reserve Data
According to Tether's latest reserve report published for the first quarter of 2025, the company holds over $7 billion in bitcoin and more than $6 billion in gold in the form of physical bars.
Tether's Strategy in the Cryptocurrency World
Ardoino noted that Tether possesses over 100,000 bitcoins, valued at more than $10 billion. The CEO emphasized that gold is not a competitor to bitcoin, but serves as a strategic asset alongside it. According to Ardoino, bitcoin is 'perfect,' while gold is 'imperfect.'
Cantor Fitzgerald's New Fund
Further supporting this trend, Cantor Fitzgerald recently announced plans for a fund that offers direct exposure to bitcoin with '1-to-1 downside protection' based on the price of gold. This highlights the increasing connection between bitcoin and gold as valuable investments.
Tether's data on substantial asset holdings showcases the company's strong financial position in the cryptocurrency sector. The emergence of new investment funds, such as Cantor Fitzgerald, also emphasizes the growing market interest in crypto assets.
