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Oct 12, 2025 upd. 13 Oct
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Tether Allocates Up to 15% Profits to Bitcoin Reserves

1 min

Tether CEO Paolo Ardoino reaffirmed the company's strategy involving Bitcoin and gold as enduring currencies, in line with its reserve allocation approach over the past two years.

  • On May 17, 2023, Tether announced plans to allocate up to 15% of net realized operating profits to purchase Bitcoin for reserves, enhancing its balance sheet as a long-term value store.
  • Tether issues tether gold (XAUt), backed by more than 7.66 tons of allocated bars as of June 30, 2025.
  • The company has engaged in discussions to invest in the entire gold value chain, from mining to royalties, as part of diversification.
  • Ardoino has emphasized Bitcoin, gold, and land as hedges, dismissing rumors of selling BTC to acquire gold.
  • Tether's upcoming reserve report will indicate any changes in allocations to Bitcoin and gold.
  • As of the latest update, the U.S. dollar index (DXY) is down 8.88% year-to-date, while Bitcoin and gold have increased by 22.79% and 52.91%, respectively.