Tether’s Gold Holdings Reach 146 Tons After $18.8 Billion Reserve Build
Tether bought 14 tons of gold for its reserves in the three months ended June, extending its buying streak and making it the world's largest known gold holder outside banks and sovereign states. According to the company's quarterly attestation report, Tether's gold holdings rose to 146 tons at the end of June, valued at $18.8 billion. Tether said its second-quarter net operating profit was about $1.5 billion. The company is seeking to lend out its large gold reserves, including through a gold-leasing facility of at least $100 million.
Tether bought 14 tons of gold for its reserves in the three months ended June, extending its buying streak and making it the world's largest known gold holder outside banks and sovereign states.
According to the company's quarterly attestation report, Tether's gold holdings rose to 146 tons at the end of June, valued at $18.8 billion.
Tether said its second-quarter net operating profit was about $1.5 billion. The company is seeking to lend out its large gold reserves, including through a gold-leasing facility of at least $100 million.
According to the company's quarterly attestation report, Tether's gold holdings rose to 146 tons at the end of June, valued at $18.8 billion.
Tether said its second-quarter net operating profit was about $1.5 billion. The company is seeking to lend out its large gold reserves, including through a gold-leasing facility of at least $100 million.