Tether CEO: Company Holds 150,000 BTC, Mining Hashrate Exceeds 50 EH/s
On October 23–24, 2026, Tether CEO Paolo Ardoino said at Plan ₿ Forum 2026 in Lugano that the company holds 150,000 bitcoins. He said Tether had also built one of the world’s largest mining operations with its partners and open-sourced its mining framework. He also argued that Bitcoin’s ten-minute block time is not a drawback; it allows even remote villages to download blocks, promoting financial inclusion.
Source: Tether
On October 23–24, 2026, Tether CEO Paolo Ardoino said at Plan ₿ Forum 2026 in Lugano that the company holds 150,000 bitcoins. He said Tether had also built one of the world’s largest mining operations with its partners and open-sourced its mining framework. He also argued that Bitcoin’s ten-minute block time is not a drawback; it allows even remote villages to download blocks, promoting financial inclusion.
Source: Tether