At the 2025 Bitcoin Conference in Las Vegas, Tether CEO Paolo Ardoino announced that the company made $13 billion in profit last year and holds $120 billion in US Treasuries. Ardoino emphasized Tether's commitment to Bitcoin investments, revealing they now own over 100,000 Bitcoins. He also announced Tether's plans to become the largest Bitcoin miner globally. Additionally, he introduced Tether's new AI platform, QVAC, and discussed a partnership to create a Bitcoin-focused wallet with Rumble.
Last year we made $13 billion in profit. We keep a $120 billion blast in US treasuries as of now. We have committed to re-invest a lot into Bitcoin. We now have more than 100,000 Bitcoin that we own as a company.
We invested $2 billion in energy production, and Bitcoin mining is a bit more than that. By the end of the year, Tether will be the biggest Bitcoin miner in the world.
I want my AI agent to have a non-custodial wallet, so I can grant him some money. The money is kept by the AI agent and will work for me.
We are collaborating to launch a Rumble Wallet that will be Bitcoin first and a little bit of stable coins wallet for the people.
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