---
title: "Tether holds 150,000 bitcoin worth $11.5 billion, CEO Ardoino says"
description: "Tether CEO Paolo Ardoino said the company holds 150,000 bitcoin, worth $11.5 billion, CoinDesk reported. Ardoino did not say where the additional coins are…"
language: en
canonical: "https://whycoinmoves.com/en/events/bitcoin-tether-holds-150-000-bitcoin-6f95465ddb65e2"
published: 2026-11-03T10:16:57.000Z
updated: 2026-11-03T11:17:01.000Z
indexable: true
---

# Tether holds 150,000 bitcoin worth $11.5 billion, CEO Ardoino says

Tether CEO Paolo Ardoino said the company holds 150,000 bitcoin, worth $11.5 billion, CoinDesk reported. Ardoino did not say where the additional coins are…

Attributed sources: [CoinDesk](<https://www.coindesk.com/business/2026/11/03/tether-holds-150-000-bitcoin-worth-usd11-5-billion-ceo-paolo-ardoino-says>)

## Key facts

Tether CEO Paolo Ardoino said the company holds 150,000 bitcoin, worth $11.5 billion, CoinDesk reported. Ardoino did not say where the additional coins are held, and CoinDesk noted that holdings outside Tether's USDT reserves, such as the firm's investments, would not appear in its report.
Evidence strength: Single source, 1 publisher group(s) (CoinDesk).
After site detection, observed returns were 5 minutes: -0.05% (Nov 3, 2026, 10:16 → Nov 3, 2026, 10:21, UTC; Gate · USDT); 1 hour: +0.26% (Nov 3, 2026, 10:16 → Nov 3, 2026, 11:16, UTC; Gate · USDT)
In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.23% (OKX · USDT; cutoff Nov 3, 2026, 10:16, UTC).

## Returns after site detection

| Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source |
| --- | --- | --- | --- | --- | --- |
| 5 minutes | -0.05% | -0.05% | 0.00 pts | Nov 3, 2026, 10:16 → Nov 3, 2026, 10:21 | Gate · USDT |
| 1 hour | +0.26% | +0.26% | 0.00 pts | Nov 3, 2026, 10:16 → Nov 3, 2026, 11:16 | Gate · USDT |

## Historical hourly baseline

| Metric | Value |
| --- | --- |
| Coverage | 100.0% (720/720) |
| Median absolute hourly return | 0.15% |
| 99th percentile of absolute hourly returns | 1.23% |
| BTC beta | 1.00 |
| Source / cutoff (UTC) | OKX · USDT / Nov 3, 2026, 10:16 |

## Claims and open questions

- Tether CEO Paolo Ardoino said Tether holds 150,000 bitcoin, according to CoinDesk.
- CoinDesk reported the holdings are worth $11.5 billion.
- Holdings outside USDT reserves, such as Tether's investments, would not appear in its report, CoinDesk reported.
- Where the additional bitcoin beyond the reserves reported in Tether's attestation is held, which Ardoino did not specify, would need an official Tether statement or updated attestation to establish.
- Which wallets or custody arrangements back the 150,000 bitcoin, and whether any of it sits in USDT reserves, would be confirmed by on-chain data or Tether's reserve attestation.

## Source evidence

- [Tether holds 150,000 bitcoin worth $11.5 billion, CEO Paolo Ardoino says](<https://www.coindesk.com/business/2026/11/03/tether-holds-150-000-bitcoin-worth-usd11-5-billion-ceo-paolo-ardoino-says>) — CoinDesk; published Nov 3, 2026, 10:15; received Nov 3, 2026, 10:16 (UTC).


## Recent BTC events and market reactions

- [CoinDesk says bitcoin is breaking a midterm election pattern dating to 2014](<https://whycoinmoves.com/en/events/bitcoin-bitcoin-breaking-midterm-election-pattern-3a349f52ba6de8>) — Published Nov 3, 2026, 12:30 (UTC) · Single source (1 publisher) · General news · 5m +0.16% / 1h +0.56%
- [Liquid Network says bitcoin reserves fully backed again after $320 million exploit](<https://whycoinmoves.com/en/events/bitcoin-liquid-s-bitcoin-ious-are-d3e7f59263e09c>) — Published Nov 3, 2026, 11:12 (UTC) · Multiple publishers (3 publishers) · Security · 5m -0.04% / 1h -0.13%
- [Mercado Bitcoin pledges to cover all user losses after near $40 million hack](<https://whycoinmoves.com/en/events/bitcoin-mercado-bitcoin-pledges-cover-all-0e158e4f16d9c4>) — Published Nov 3, 2026, 08:56 (UTC) · Single source (1 publisher) · Security · 5m +0.02% / 1h +0.52%
- [Bitcoin chart signal flashes bearish momentum](<https://whycoinmoves.com/en/events/bitcoin-bitcoin-s-price-chart-flashing-810742c72ccc90>) — Published Nov 3, 2026, 08:50 (UTC) · Single source (1 publisher) · Market watch · 5m +0.10% / 1h +0.55%
- [Mercado Bitcoin pauses withdrawals after $46 million security breach](<https://whycoinmoves.com/en/events/bitcoin-mercado-bitcoin-wallets-keep-moving-13d70fc1d67708>) — Published Nov 2, 2026, 19:05 (UTC) · Multiple publishers (2 publishers) · Security · 5m 0.00% / 1h -0.08%
- [Full coin archive](<https://whycoinmoves.com/en/coins/bitcoin>)

## Research for this archive

- [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns](<https://whycoinmoves.com/en/research/hourly-returns-and-bitcoin-beta.md>)
- [Will Bitcoin go back up? Every crash since 2011 and its recovery time](<https://whycoinmoves.com/en/research/bitcoin-crash-recovery-time.md>)
- [Perpetual funding rates and annualized yield: a 2025 comparison](<https://whycoinmoves.com/en/research/funding-rates-versus-investor-returns.md>)
- [Bitcoin halving and bull markets: evidence from four halvings](<https://whycoinmoves.com/en/research/bitcoin-halving-and-market-cycles.md>)

Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations](<https://whycoinmoves.com/en/methodology>)
