USDT Issuer Tether Announces $2.6 Billion Profit On Bitcoin And Gold Holdings
The post USDT Issuer Tether Announces $2.6 Billion Profit On Bitcoin And Gold Holdings appeared on BitcoinEthereumNews.com. Tether’s latest financial report paints a glowing picture for the stablecoin issuer, with the company issuing $13.4 billion worth of USDT. As investors pore over the data, Tether has gained $2.6 billion in profit from Bitcoin and gold held on its balance sheet. Tether Makes A Fortune From Bitcoin And Gold Tether has released its Attestation Report, revealing the state of its financials for the second quarter of 2025. Prepared by top-five global independent accounting firm BDO, the report disclosed that Tether pulled in $4.9 billion in net profit in Q2. The latest figures bring the total profits for the first six months of the year to $5.7 billion. Per the report, Tether’s Bitcoin and gold holdings made up $2.6 billion of the profits in Q1 and Q2, highlighting “operational strength and revenue consistency.” The $2.6 billion profit has stemmed from the gains that both Bitcoin and Gold have recorded year-to-date (YTD). Since the start of the year, the BTC price has gained 26.85% to outperform a raft of assets, hitting a new all-time high (ATH) of $123,000, while gold has climbed by 16% since January. Arkham data revealed that Tether holds 77,780 BTC on its balance sheet, valued at $9.23 billion at the current price. Meanwhile, the stablecoin issuer has over 7.66 tons (246,524.380 fine troy ounces) of gold stored in Switzerland as part of its reserves. Meanwhile, as part of its Q2 performance, Tether issued $13.4 billion worth of USDT, bringing its total haul since the start of 2025 to $20 billion. USDT’s circulating supply sits at 157 billion, with the stablecoin issuer becoming one of the largest holders of U.S. Treasuries at $127 billion. Reinvesting Profits In Long-Term Strategic Plays Tether CEO Paolo Ardoino revealed that the stablecoin issuer is reinvesting a significant portion of its profits…

The post USDT Issuer Tether Announces $2.6 Billion Profit On Bitcoin And Gold Holdings appeared on BitcoinEthereumNews.com.
Tether’s latest financial report paints a glowing picture for the stablecoin issuer, with the company issuing $13.4 billion worth of USDT. As investors pore over the data, Tether has gained $2.6 billion in profit from Bitcoin and gold held on its balance sheet. Tether Makes A Fortune From Bitcoin And Gold Tether has released its Attestation Report, revealing the state of its financials for the second quarter of 2025. Prepared by top-five global independent accounting firm BDO, the report disclosed that Tether pulled in $4.9 billion in net profit in Q2. The latest figures bring the total profits for the first six months of the year to $5.7 billion. Per the report, Tether’s Bitcoin and gold holdings made up $2.6 billion of the profits in Q1 and Q2, highlighting “operational strength and revenue consistency.” The $2.6 billion profit has stemmed from the gains that both Bitcoin and Gold have recorded year-to-date (YTD). Since the start of the year, the BTC price has gained 26.85% to outperform a raft of assets, hitting a new all-time high (ATH) of $123,000, while gold has climbed by 16% since January. Arkham data revealed that Tether holds 77,780 BTC on its balance sheet, valued at $9.23 billion at the current price. Meanwhile, the stablecoin issuer has over 7.66 tons (246,524.380 fine troy ounces) of gold stored in Switzerland as part of its reserves. Meanwhile, as part of its Q2 performance, Tether issued $13.4 billion worth of USDT, bringing its total haul since the start of 2025 to $20 billion. USDT’s circulating supply sits at 157 billion, with the stablecoin issuer becoming one of the largest holders of U.S. Treasuries at $127 billion. Reinvesting Profits In Long-Term Strategic Plays Tether CEO Paolo Ardoino revealed that the stablecoin issuer is reinvesting a significant portion of its profits…
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