Rumors of Tether selling Bitcoin for gold have been circulating recently, sparking concern about the stability of the largest stablecoin. However, a closer examination of Tether’s Q2 balance sheet reveals the true story. 10,000+ BTC were added to its holdings through transfers to a subsidiary called XXI. This contradicts initial reports that saw the company’s Bitcoin holdings decrease. 10,000+ BTC is more than a mere drop in reported holdings. Tether’s Q2 report confirms a healthy balance sheet with over $162.5 billion in assets and significant reserves, including an impressive profit of $4.9 billion. The stablecoin issuer continues to hold both Bitcoin and gold, demonstrating a strategic approach during market uncertainty. 10,000+ BTC growth speaks volumes about Tether’s strength and its continued support for Bitcoin.