[Wu Blockchain News] Tether CEO Says Company Owns Approximately 150,000 Bitcoin Tether CEO Paolo Ard...

Tether CEO Paolo Ardoino said at the Plan ₿ Forum in Lugano that the company owns approximately 150,000 BTC, while claiming Tether serves more than 730 million users globally and adds around 30 million new wallets per quarter. According to Tether’s Q3 2026 attestation, the company held approximately $122.8 billion in U.S. Treasury bills directly, or $132.4 billion including repurchase agreements, with excess reserves of approximately $7.95 billion. Ardoino also outlined Tether’s broader Independence Stack initiative, spanning energy, Bitcoin mining, peer-to-peer communications, self-custody wallets, and on-device AI. The disclosure cements Tether’s position as one of the largest corporate Bitcoin holders and highlights the scale of its Treasury-backed reserves relative to its token liabilities. Watchers will focus on whether Tether expands its BTC position further and how the Independence Stack investments feed into reserve disclosure and attestation practices.