7-8-2025 – Tether CEO Paolo Ardoino has called Bitcoin “undefeatable,” reinforcing the company’s confidence in the cryptocurrency as it amasses 80,000 BTC, valued at over $9 billion, according to Arkham Intelligence. The statement, shared via a post on X, comes amid Bitcoin’s recent price stagnation around $115,000, as reported by CoinMarketCap.
Ardoino’s endorsement highlights Tether’s strategic accumulation of Bitcoin, positioning the stablecoin issuer among the top 10 corporate holders globally, alongside MicroStrategy and Tesla. The move signals Tether’s belief in Bitcoin’s long-term resilience despite market challenges like regulatory pressures and macroeconomic uncertainty. Ardoino emphasized Bitcoin’s role as a cornerstone of the crypto economy, dismissing short-term volatility as inconsequential to its foundational strength.
The crypto community has responded with mixed reactions. Supporters view Tether’s growing reserves as a vote of confidence in Bitcoin’s durability, while skeptics question the interplay between Tether’s USDT stablecoin and Bitcoin’s market dynamics. Tether’s reserves strategy, which also includes U.S. Treasury bills and gold, underscores its broader financial ambitions beyond stablecoin issuance.
