Tether Doubles Down on Bitcoin and Gold Reserves, Holding Over $10 Billion in Crypto

Cryptocurrency platform Tether has made significant moves to bolster its financial reserves by increasing its holdings of both Bitcoin and gold. According to reports, the company now boasts over 100,000 Bitcoin valued at over $10 billion and more than 50 tons of gold. These investments reflect a strategy to hedge against potential fiat currency instability and signal confidence in these assets as long-term store of value.