{"id":50387,"date":"2025-09-07T15:54:22","date_gmt":"2025-09-07T12:54:22","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=50387"},"modified":"2025-09-07T15:54:22","modified_gmt":"2025-09-07T12:54:22","slug":"tether-bitcoin-sale-ceo-report-2025","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/tether-bitcoin-sale-ceo-report-2025\/","title":{"rendered":"Did Tether Sell Bitcoin? CEO Statement and 2025 Report Insights"},"content":{"rendered":"<p><span data-contrast=\"auto\"><strong>Tether\u2019s Bitcoin reserves<\/strong> have sparked intense debate recently. Some analysts misinterpreted BDO\u2019s Q2 report, claiming the company sold BTC for gold. However, the data shows a different picture. Tether did not sell any Bitcoin and instead transferred assets to XXI Capital, which explains the misreading of the <a href=\"https:\/\/tether.io\/news\/tether-issues-20b-in-usdt-ytd-becomes-one-of-largest-u-s-debt-holders-with-127b-in-treasuries-net-profit-4-9b-in-q2-2025-attestation-report\/?utm_source\"><strong>report<\/strong><\/a>.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/tether-bitcoin-sale-ceo-report-2025\/#Bitcoin_Reserves_and_Transfers\" title=\"Bitcoin Reserves and Transfers\">Bitcoin Reserves and Transfers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/tether-bitcoin-sale-ceo-report-2025\/#Tethers_Bitcoin_and_Gold_Strategy\" title=\"Tether\u2019s Bitcoin and Gold Strategy\">Tether\u2019s Bitcoin and Gold Strategy<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_Reserves_and_Transfers\"><\/span><span data-contrast=\"auto\">Bitcoin Reserves and Transfers<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">At the end of Q1 2025, Tether held 92,650 BTC. By Q2 2025, this number dropped to 83,274 BTC. At first glance, it looked like a sale. However, on June 2, 14,000 BTC, and in July, an additional 5,800 BTC, were transferred to XXI Capital. In total, 19,800 BTC were allocated to Tether\u2019s new initiatives, meaning the report underestimated the actual reserves.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Correct. <br \/>Tether didn&#39;t sell any Bitcoin. As Samson says below, it contributed part of its stash into XXI.<\/p>\n<p>While the world continues to get darker, Tether will continue to invest part of its profits into safe assets like Bitcoin, Gold and Land. <\/p>\n<p>Tether is the Stable Company. <a href=\"https:\/\/t.co\/4KxdeNEsOE\">https:\/\/t.co\/4KxdeNEsOE<\/a><\/p>\n<p>&mdash; Paolo Ardoino \ud83e\udd16 (@paoloardoino) <a href=\"https:\/\/twitter.com\/paoloardoino\/status\/1964655589298225416?ref_src=twsrc%5Etfw\">September 7, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tethers_Bitcoin_and_Gold_Strategy\"><\/span><span data-contrast=\"auto\">Tether\u2019s Bitcoin and Gold Strategy<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\"><strong>Tether CEO Paolo Ardoino<\/strong> clearly denied the claims. He confirmed that no BTC was sold and that transfers to XXI Capital were planned moves. Additionally, Tether continues investing in both Bitcoin and gold simultaneously. Q2 2025 data shows gold reserves reaching $8.7 billion, while combined gains from Bitcoin and gold totaled $2.6 billion.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Tether\u2019s gold strategy extends beyond simple investments. The company injected $100 million into Elemental and played a role in its merger with competitor EMX. It also engaged with Terranova Resources, based in the British Virgin Islands, though no agreement was reached. Tether operates its gold-backed token XAUt and provides short-term financing for commodity trade, creating a multi-billion-dollar portfolio. Meanwhile, similar initiatives are rising across the industry. Nasdaq-listed Blue Gold plans to issue digital tokens for future production from its Ghanaian mine.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Tether continues diversifying beyond crypto markets into real assets, with investments in <strong>gold mining<\/strong> and refining. Total Bitcoin holdings, including XXI Capital, now exceed 100,000 BTC, maintaining Tether\u2019s strong position in the crypto ecosystem.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Ultimately, Tether neither sold Bitcoin nor reduced its reserves. This ensures stable growth across both crypto holdings and tangible assets.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<strong><a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\">Telegram,\u00a0<\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a><\/strong><strong>,<\/strong>\u00a0and\u00a0<strong><a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a><\/strong><strong>\u00a0<\/strong>channels for the latest\u00a0<strong><a href=\"https:\/\/coinengineer.net\/blog\/news\/\">news<\/a><\/strong><strong>\u00a0<\/strong>and updates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tether\u2019s Bitcoin reserves have sparked intense debate recently. Some analysts misinterpreted BDO\u2019s Q2 report, claiming the company sold BTC for gold. However, the data shows a different picture. Tether did not sell any Bitcoin and instead transferred assets to XXI Capital, which explains the misreading of the report.\u00a0 Bitcoin Reserves and Transfers At the end<\/p>\n","protected":false},"author":36,"featured_media":42261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[657,2],"tags":[11192,6809,840,23481,1996,21236,23480,17248,23482,23483],"class_list":["post-50387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-en","category-news","tag-altcoin-trends","tag-bitcoin-reserves","tag-crypto-market","tag-gold-strategy","tag-paolo-ardoino","tag-stablecoin-news","tag-tether-investment","tag-usdt-reserves","tag-xaut-token","tag-xxi-capital"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Did Tether Sell Bitcoin? 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