Tether CEO Paolo Ardoino Predicts Tether to Become the Largest Bitcoin Miner
At the 2025 Bitcoin Conference in Las Vegas, Tether CEO Paolo Ardoino made some groundbreaking announcements regarding Tether’s future in Bitcoin mining. In his speech, Ardoino revealed that Tether made a massive $13 billion profit last year and currently holds a staggering $120 billion in US treasuries. With a commitment to reinvest heavily in Bitcoin, Tether now owns over 100,000 Bitcoins as a company.
Ardoino’s bold statement that Tether aims to become the world’s largest Bitcoin miner by the end of the year sent shockwaves through the crypto community. With investments totaling $2 billion in energy production and Bitcoin mining infrastructure, Tether’s ambitious goal is to surpass even the biggest publicly traded mining companies.
Moreover, Paolo Ardoino emphasized Tether’s deep-rooted connection to Bitcoin, stating that everyone in the company is a true Bitcoin enthusiast at heart. The CEO also highlighted Tether’s support for El Salvador, where its headquarters are located, emphasizing their commitment to the original Bitcoin nation.
In addition to their mining aspirations, Ardoino introduced Tether’s innovative AI system known as QVAC, designed for societal benefit rather than corporate gain. This system allows for the creation of non-custodial wallets for AI agents, enabling them to manage funds independently while working for their owners.
Closing his speech, Ardoino touched on Tether’s collaboration with Rumble to launch the Rumble Wallet, a Bitcoin-focused wallet with added support for stablecoins, catering to the needs of crypto enthusiasts worldwide.
With Tether’s ambitious plans to dominate the Bitcoin mining sector and their innovative advancements in AI technology, the crypto world eagerly anticipates the company’s future endeavors.
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