Tether Addresses Rumours of Bitcoin Sell-Off, Reinforces Bullish Strategy

Tether CEO Paolo Ardoino refuted rumors that the stablecoin issuer had sold off Bitcoin for gold. This follows claims by analyst Clive Thompson who noticed a decrease in Tether’s Bitcoin holdings from Q1 2025 to Q2 2025, which he attributed to transfers into the company’s XXI initiative. The move increased Tether’s net Bitcoin holdings by at least 10,424 coins (Q2 2025 vs. Q1 2025). Tether plans to continue investing profits in a diversified portfolio of assets such as Bitcoin, gold, and land, demonstrating a bullish outlook on the crypto market’s long-term prospects.