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Tether CEO pump: "We will be the largest Bitcoin miner in the world by the end of the year"

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Paolo Ardoino just made a statement that caused a stir at the Bitcoin Conference 2025 in Las Vegas. The CEO of Tether didn't mince words: the company aims to become the largest Bitcoin miner in the world before the end of 2024, even surpassing all public mining companies combined.

Numbers that speak

To put it in context, these are the data that Ardoino shared:

  • $13 billion in profits last year
  • $120 billion in U.S. Treasury bonds
  • More than 100,000 BTC held by the company
  • $2 billion invested in Bitcoin energy production and mining ( with a real figure likely higher )

“Bitcoin is perfect, gold is imperfect,” was the slogan he used to explain why Tether is betting so heavily on the cryptocurrency.

Beyond mining

Ardoino also presented his moves in AI. They launched QVAC, an AI platform that works differently: autonomous agents with non-custodial wallets that operate independently, without relying on corporations.

And the final bombshell: collaboration with Rumble to launch a “Bitcoin first” wallet that includes stablecoins. Tether continues to expand its ecosystem as if nothing were happening.

Bottom line: Tether made it clear that it is not just a stablecoin house, it is a serious player in mining, energy, AI, and decentralized finance. El Salvador's move as a host is also not a coincidence.

BTC-9.78%
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