Tether CEO Paolo Ardoino Slams Bitcoin Sale Rumors: ’No Position Changes’

Tether's top exec just dropped the hammer on market chatter—categorically denying any Bitcoin divestment amid swirling speculation.

The Denial That Rocked Crypto Twitter

Paolo Ardoino took to X (formerly Twitter) to shut down rumors that Tether had been quietly offloading BTC holdings. His response cut through the noise with surgical precision—no corporate doublespeak, just a flat rejection that sent confirmation bias flying across both bull and bear camps.

Market Mechanics Under Microscope

Whale alerts and blockchain sleuths had been buzzing about unusual large-volume movements—triggering panic among retail traders who still think CEOs give real-time portfolio updates. Meanwhile, institutional players barely blinked—another Tuesday in crypto-land where speculation often outpaces actual fundamentals.

Stablecoin Stability Questions Linger

While Tether maintains its USD peg remains unshaken, critics keep circling like vultures waiting for reserve disclosures. Because nothing says 'trustless system' like demanding quarterly audits from a company operating in regulatory gray zones—but hey, that's modern finance for you.

Ardoino's defiance reinforces Tether's HODL mentality—proving once again that in crypto, the loudest denials often come right before the most explosive confirmations. Or not. Welcome to gambling masquerading as investment strategy.

On-Chain Data Confirms Transfers

On-chain data confirms two significant transfers to XXI, with 14,000 BTC moved in June and another 5,800 BTC in July. Tether’s attestation reports showed holdings dropping from 92,650 BTC in Q1 to 83,274 BTC in Q2. Once the 19,800 BTC transfer is accounted for, data indicates Tether’s net Bitcoin holdings actually increased by at least 10,424 BTC during this period.

Tether Group is moving 14000 BTC to address bc1q8qpfmpf6hcu3tgfvp8dgtf534rws8uhsl9vtk6p2f3r2gnqdz5sqxmty6q as part of its investment in Twenty One Capital (XXI)https://t.co/vVRO8y8JQr

In his post on X, Ardoino reaffirmed the company’s long-term investment strategy, which involves allocating profits into assets like “Bitcoin, gold, and land.” The market reaction to the clarification was minimal, with BTC showing a slight 0.75% increase, while USDT remained stable.

Correct.
Tether didn't sell any Bitcoin. As Samson says below, it contributed part of its stash into XXI.

While the world continues to get darker, Tether will continue to invest part of its profits into SAFE assets like Bitcoin, Gold and Land.

Tether is the Stable Company. https://t.co/4KxdeNEsOE

This clarification is significant as Tether is one of the largest corporate holders of Bitcoin. By denying the rumors in public and giving a clear reason for the movement of funds, Tether’s leaders have helped keep the market from being too uncertain and reaffirmed the company’s dedication to its Bitcoin accumulation strategy. The event also shows how important it is to carefully read on-chain data and financial records from companies so that false information doesn’t spread.

Also Read: Tether Eyes Gold Mining Investment to Boost Bullion Exposure