Tether Head Honcho Affirms No Bitcoin Liquidation, Explanation Given on 19,800 BTC Movement to XXI
In a recent announcement, digital currency giant Tether revealed plans to invest an additional $100 million into Elemental Altus Royalties Corp, bringing its total investment in gold royalties firms to $190 million. This move is part of a broader diversification strategy for the company, which has been increasing investments in gold-related companies.
According to reports, Tether has been allocating its profits towards "safe assets like Bitcoin, Gold, and Land." The company's latest data confirms this trend, with Tether continuing to grow its Bitcoin position while also expanding its gold investments. Despite rumours to the contrary, Tether CEO Paolo Ardoino has denied claims that the company sold Bitcoin to buy gold.
The most recent data shows that Tether currently holds over 100,521 BTC worth approximately $11.17 billion. In June and July 2025, the company transferred 19,800 Bitcoin to Twenty One Capital (XXI), a Bitcoin-native financial platform led by Strike CEO Jack Mallers, but this was not a sell-off. Instead, it was a strategic investment in a Bitcoin-friendly company.
El Salvador, known for its Bitcoin-friendly policies, has also been expanding its gold reserves. The country recently added 13,999 troy ounces of gold worth $50 million to its foreign reserves, marking its first gold acquisition since 1990. El Salvador currently holds 6,292 BTC valued at approximately $700 million.
Tether's interest in gold extends beyond its stablecoin offering. The company is exploring investments across the gold supply chain, including potential stakes in gold mining companies. This diversification strategy is expected to provide Tether with a more balanced portfolio and reduce risk associated with digital currency investments.
In the previous quarter, Tether actually increased its net Bitcoin holdings by 10,424 BTC, contradicting reports of a sell-off. The company's continued commitment to Bitcoin and gold investments underscores its confidence in these assets as safe havens in the volatile world of cryptocurrency.
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