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

BTC

BTC/USDT

$95,085.11

+3.13%

$95,085.11

+3.13%

(24s)

24h Volume

$30,094,790,935.37

24h H/L

$96,495.00 / $91,787.61

Change: $4,707.39 (5.13%)

Long/Short

57.5%

Long: 57.5%Short: 42.5%

Funding Rate

+0.0069%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$95,077.57

▼ -0.35%

Volume (24h): -

Resistance Levels

Resistance 3$108,117.07

Resistance 2$102,863.00

Resistance 1$96,347.57

Price$95,077.57

Support 1$94,542.75

Support 2$92,931.92

Support 3$90,092.69

Pivot (PP):$95,145.36

Trend:Uptrend

RSI (14):65.3

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

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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