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Replying to Avatar 𝕞𝕪𝕡𝕒𝕥𝕙𝕥𝕠𝕗𝕚𝕣𝕖

Tether now stacking paper Bitcoin instead of the real thing.

Q2 2025 (as of June 30, 2025): 83,274 BTC

Q1 2025 (as of March 31, 2025): 92,650 BTC

Not your keys...

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🍊💊⚡️🌽 3mo ago

Is it paper because where they custody it or are they buying the ETF?

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