#Tether CEO Claims Company Will Become World's Largest $BTC Miner by Year-End


Tether CEO Paolo Ardoino announced the #stablecoin issuer aims to become the planet's biggest $BTC miner before 2025 concludes.


The company holds over 100,000 $BTC worth more than $10 billion and views mining as essential network security protection.


Ardoino emphasized that Tether's mining strategy prioritizes securing its massive $BTC investment over commercial returns.


Since 2023, the firm has invested over $2 billion in energy production and mining infrastructure across 15 sites.


Operations span Uruguay, Paraguay, and El Salvador, with new substations and renewable power buildouts underway.


Current top miners include MARA at 57.3 EH/s, CleanSpark at 50 EH/s, and IREN at 38.4 EH/s, for comparison.


$BTC total network #hashrate stands at approximately 810 EH/s, according to latest industry data.


Tether's mining expansion forms part of its "stable energy" vision alongside stable money, communication, and intelligence pillars.

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June 25, 2025 at 5:14 PM
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