Tether CEO Denies Selling Bitcoin, Says BTC Allocated to XXI Project and Gold Investments

BTC

BTC/USDT

$66,969.90

+1.49%

$66,969.90

+1.49%

(24s)

24h Volume

$5,893,102,060.79

24h H/L

$67,284.00 / $65,766.10

Change: $1,517.90 (2.31%)

Long/Short

71.0%

Long: 71.0%Short: 29.0%

Funding Rate

-0.0007%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$66,885.03

▲ 0.72%

Volume (24h): -

Resistance Levels

Resistance 3$74,458.01

Resistance 2$69,708.76

Resistance 1$68,058.24

Price$66,885.03

Support 1$66,155.21

Support 2$64,323.39

Support 3$60,000.00

Pivot (PP):$66,702.02

Trend:Downtrend

RSI (14):42.4

On September 7, COINOTAG News published a statement from Paolo Ardoino, Tether’s CEO, who confirmed on X that Tether has not sold any Bitcoin and has reallocated a portion of its Bitcoin reserves to the XXI project.

Ardoino indicated the company will continue allocating a portion of its profits into secure, diversified holdings such as Bitcoin, gold and land, framing these moves as part of disciplined reserve management.

Tether described itself as a stable company, emphasizing prudent asset allocation to support liquidity and mitigate concentration risk while maintaining transparency for stakeholders.

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