Tether has vehemently refuted allegations that it sold $1 billion in Bitcoin to fund a gold initiative. CEO Paolo Ardoino clarified that the company’s focus remains on safeguarding its reserves with safe assets like Bitcoin, gold, and land. This clarification was necessary after a YouTuber claimed Tether had conducted this sale. The company maintains its commitment to stability during market uncertainties by balancing volatile assets like Bitcoin and stable assets such as gold and land. To debunk the rumors, Samson Mow, CEO of Jan3, stated that recent transfers related to Twenty One Capital (XXI) explain the apparent dip in BTC price. These transfers contributed to Tether’s Bitcoin holdings exceeding 10,000 BTC during Q2 2025. The company’s strategy involves deepening its gold exposure rather than divesting from Bitcoin. In June, Tether secured a significant stake in Elemental Altus, a gold royalty firm for $90 million, and further expanded through the merger with EMX, gaining a foothold in mining royalties and refining earnings. This demonstrates Tether’s commitment to diversifying its portfolio and incorporating gold as an additional layer of security alongside Bitcoin. Tether’s approach reflects market complexity and aims to build resilience by maintaining transparency and credibility. Amidst rising gold demand driven by inflation, Tether is positioning itself for stability and investor confidence with a strategy that combines gold with Bitcoin and land. The company’s extensive reserves (over $168 billion) and high transfer volumes ($1.32 trillion in August) underscore its vital role in the crypto landscape. The recent controversy has been addressed, solidifying Tether’s commitment to long-term stability, transparency, and a balanced portfolio strategy.