Tether denied bitcoin sell-off rumors, reaffirms BTC, Gold, and Land Strate

Tether CEO Paolo Ardoino has denied recent rumors that the Stablecoin Issuer has been offloading Bitcoin handles to buy gold.

In a Sunday post on X, Ardoino said the company was “not selling any bitcoin,” and re -proved its approach to providing revenue to properties such as “Bitcoin, Gold, and Land.”

Comments came in response to the speculation -haka from YouTuber Clive Thompson, which mentioned Tether’s Q1 and Q2 2025 Data Data from BDO to claim the firm has reduced its bitcoin (itsBtc) position. Thompson pointed a drop from 92,650 BTC to Q1 to 83,274 BTC in Q2 as evidence of a seller.

However, Jan3 CEO Samson Mow Debunked The claim, who noticed that Tether had moved 19,800 BTC to a separate initiative called twenty -one capital (XXI) at the same time. It included 14,000 BTCs sent in June and another 5,800 BTC in July.

Related: Tether is holding talks to invest in full Gold Supply Chain: Report

Tether moves $ 3.9 billion in BTC on XXI

In early June, Tether Moved more than 37,000 BTC.

“Tether will have 4,624 BTC more than the end of Q1 if the move is accounted for,” Mow explained, adding that the firm has actually increased its net holdings.

Ardoino wrote the explanation, saying that bitcoin was transferred, not for sale. “As the world continues to darker, Tether will continue to invest a part of its income in the safe owners,” he wrote.

Tether, the one who gave usdt (USDT) Stablecoin, holding more than 100,521 BTC, worth $ 11.17 billion, according to data from bitcointreasuries.net.

Related: Tether Scraps plan to FREEZE USDT in five blockchain

El Salvador bought $ 50 million in gold

Tether’s Bitcoin Sell-Off Rumors arrived while El Salvador announced that it added 13,999 Troy ounces of Gold worth $ 50 million to its foreign reserves, marked the first gold extraction since 1990. The Central Bank Says Moving is part of a diversity strategy -to reduce reliance on the US dollar.