🟢 Tether now holds about 150,000 $BTC CEO Paolo Ardoino shared the number today at the Plan ₿ Forum in Lugano. At current prices, that stack is worth more than $11.5B. 📌 The pace is impressive. Earlier this year, Tether reported somewhere between 96,000 and 100,000 BTC, so the company added tens of thousands of coins in 2026 alone 📈 How does it work? Since May 2023, Tether has put up to 15% of its quarterly profits into Bitcoin. The reserves that back $USDT stay separate and sit mostly in US Treasuries, about $132.4B worth. On top of that, Tether keeps $7.95B in excess reserves as a cushion. So if Bitcoin drops hard, it hits the company’s profits, not the dollars behind each USDT 🛡 The result is an unusual setup: the company running crypto’s most-used stablecoin is now also one of the biggest corporate Bitcoin holders. Only Strategy, with about 848,500 BTC, is far ahead 🟠 #BTC Price Analysis# #Tether #Macro Insights#