Tether CEO says company holds about 150,000 bitcoin, above reserve report figure

What sources claim

• Tether CEO Paolo Ardoino said at the Plan ₿ Forum in Lugano that the company holds about 150,000 bitcoin worth $11.5 billion, Bitcoin Magazine reported.
• Tether International's third-quarter reserve report, with an attestation from BDO, lists $8.37 billion in bitcoin valued at $83,621.23 per coin as of Sept. 30, implying about 100,060 BTC, Bitcoin Magazine reported.
• Ardoino did not say where the additional coins sit, and holdings outside USDT reserves, such as Tether's investments, would not appear in the report, CoinDesk reported.

Still unresolved

• Whether Ardoino's 150,000 bitcoin figure includes coins held by Tether Investments or any of its other ventures, which only a company statement or breakdown would confirm.
• Whether Tether plans to publish a breakdown of the bitcoin held outside its USDT reserves, as Bitcoin Magazine noted the company has not said.

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.