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Tether Denies Rumors of Bitcoin Sale, Transfers 19,800 BTC to 21 Capital

2025/09/08 10:05 (Updated 2025/09/08 18:01)
CoinPost
Written by A.Yamada
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Tether Denies Rumors of Bitcoin Sale, Transfers 19,800 BTC to 21 Capital

"Continuing to Invest in Bitcoin and Gold"

Paolo Ardoino, CEO of Tether, known for providing the stablecoin USDT, stated on the 7th that the company has not sold any Bitcoin (BTC). Amidst gloomy global circumstances, Tether continues to invest a portion of its profits in safe assets such as Bitcoin, gold, and land. The context includes claims by YouTuber Clive Thompson, who pointed out a decrease in Bitcoin holdings in Tether's audit certificate data, suggesting that the company had sold some of its holdings.

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MAGAZINE

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