---
title: "Tether CEO says company holds about 150,000 bitcoin, above reserve report figure"
description: "Speaking at the Plan ₿ Forum in Lugano, Tether CEO Paolo Ardoino said the company holds about 150,000 bitcoin worth $11.5 billion, Bitcoin Magazine reported,…"
language: en
canonical: "https://whycoinmoves.com/en/events/tether-tether-holds-150-000-bitcoin-aff4afdf098cff"
published: 2026-11-03T10:16:57.000Z
updated: 2026-11-03T18:10:01.000Z
indexable: true
---

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

Speaking at the Plan ₿ Forum in Lugano, Tether CEO Paolo Ardoino said the company holds about 150,000 bitcoin worth $11.5 billion, Bitcoin Magazine reported,…

Attributed sources: [CoinDesk](<https://www.coindesk.com/business/2026/11/03/tether-holds-150-000-bitcoin-worth-usd11-5-billion-ceo-paolo-ardoino-says>), [Bitcoin Magazine](<https://bitcoinmagazine.com/news/tether-holds-150000-bitcoin-ceo-says>)

## Key facts

Speaking at the Plan ₿ Forum in Lugano, Tether CEO Paolo Ardoino said the company holds about 150,000 bitcoin worth $11.5 billion, Bitcoin Magazine reported, roughly 50,000 coins more than its latest reserve attestation implies. The third-quarter report lists $8.37 billion in bitcoin at $83,621.23 per coin as of Sept. 30, about 100,060 BTC. CoinDesk reported that Ardoino did not say where the extra coins sit.
Evidence strength: Multiple publishers, 2 publisher group(s) (CoinDesk, Bitcoin Magazine).
No complete post-detection return window is available yet.

## Claims and open questions

- 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.
- 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.

## 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).
- [Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows](<https://bitcoinmagazine.com/news/tether-holds-150000-bitcoin-ceo-says>) — Bitcoin Magazine; published Nov 3, 2026, 18:06; received Nov 3, 2026, 18:09 (UTC).


## Recent USDT events and market reactions

- [Binance investigates multibillion-dollar wallet breach; Tether and Circle freeze stablecoins](<https://whycoinmoves.com/en/events/tether-binance-drained-5-5-billion-9468a6653af136>) — Published Oct 29, 2026, 21:36 (UTC) · Multiple publishers (2 publishers) · Security · Complete reaction windows unavailable
- [Senate Democrat seeks Tether records on payments tied to Nxum](<https://whycoinmoves.com/en/events/tether-us-senator-probes-tether-after-8b639f8d4e7519>) — Published Oct 23, 2026, 17:42 (UTC) · Multiple publishers (4 publishers) · Regulation · Complete reaction windows unavailable
- [Full coin archive](<https://whycoinmoves.com/en/coins/tether>)

## Recent General news events on other coins

- [BTC: CoinDesk says bitcoin is breaking a midterm election pattern dating to 2014](<https://whycoinmoves.com/en/events/bitcoin-bitcoin-breaking-midterm-election-pattern-3a349f52ba6de8>)
- [BTC: Tether CEO says company holds about 150,000 bitcoin worth $11.5 billion](<https://whycoinmoves.com/en/events/bitcoin-tether-holds-150-000-bitcoin-6f95465ddb65e2>)
- [ETH: Ethereum Foundation launches public sector site for digital public infrastructure](<https://whycoinmoves.com/en/events/ethereum-designing-sovereignty-ethereum-digital-public-153318b265b530>)
- [General news](<https://whycoinmoves.com/en/topics/general>)

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>)
