logo

Tether CEO: Has Not Sold BTC, Will Continue to Invest Part of Profits in Bitcoin, Gold, Land, and Other Safe Assets

By: theblockbeats.news|2025/09/07 12:22:31

BlockBeats News, September 7th, Tether CEO Paolo Ardoino responded to the statement "Tether is selling Bitcoin in exchange for gold" on the X platform, saying: "Tether has not sold any Bitcoin, but has instead allocated a portion of its Bitcoin reserves to the XXI project. Tether will continue to invest a portion of its profits in secure assets such as Bitcoin, gold, and land. Tether is a stable company."

Analyst: Bitcoin is in a consolidation phase, slightly biased towards a bullish outlook
Analysis: The August market slowdown trend may continue in the short term, even as the market anticipates the Fed will cut interest rates in September

You may also like

Share
copy

Gainers

Latest Crypto News

02:45

Japanese 30-Year Government Bond Yield Hits Record High, Market Discusses Central Bank's Rate Hike Possibility

02:45

Top Whale Movements Overview: <br> "Whale Pal" Longs Liquidated Multiple Times, "CZ's Countertrade" ETH Longs Facing $21.22M Unrealized Loss

02:45

HumidiFi Tokenomics: 10% Allocated for ICO Event

02:45

Chinese Shanxi Court Uncovers USDT-related Fraud Case, Two Accomplices Sentenced Heavily

02:15

Analysis: The main reason for the recent cryptocurrency market crash was the Bank of Japan hinting at a rate hike and market concerns about a potential "Strategy" disaster.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]