Tether Didn’t Sell Bitcoin, CEO Paolo Ardoino Says: Will Keep Investing Profits In Safe Assets As ‘World Continues To Get Darker’
Posted On September 8, 2025
Paolo Ardoino, CEO of Tether (CRYPTO: USDT), refuted claims Sunday that the stablecoin issuing company is selling Bitcoin (CRYPTO: BTC), while asserting its commitment to investing in “safe” assets.
Tether Bullish On Bitcoin, Says Ardoino
In an X post, Ardoino clarified that Tether “didn’t sell any Bitcoin,” but had instead contributed a portion of its holdings to Twenty One, an upcoming Bitcoin-centric public company that is expected to float on Nasdaq under the ticker “XXI” pending the completion of a merger. Tether is said to gain a controlling stake in the firm after the closure of the deal.
He further emphasized that Tether would continue to invest part of its profits into safe assets like Bitcoin, gold and land as the “world continues to get darker.”
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