Tether has addressed recent speculation about the composition of its Bitcoin and gold reserves, providing clarity to market concerns. The company confirmed that it did not sell any Bitcoin but rather reallocated assets to a new entity, without affecting overall holdings. Tether’s CEO, Paolo Ardoino, clarified these points on Twitter, highlighting Tether’s continued commitment to diversifying its reserves with both Bitcoin and gold. His comments were further backed by Tether executives Samson Mow who confirmed the company’s intact Bitcoin reserves. This clarification has reassured market stakeholders and bolstered their confidence in Tether’s stable reserve strategy. The move demonstrates a dedication to long-term stability, aiming to mitigate potential volatility in the cryptocurrency market.