Bitcoin Today News: Tether is placing a strong bet on gold, blurring the boundaries between digital and physical assets, ignoring criticism

Tether is expanding its gold investments to cover the entire supply chain, including mining, refining and royalty financing. CEO Paolo Ardoino stressed that gold is a reliable store of value. The company invested $205 million in Elemental Altus in mid-2025 and currently holds $8.7 billion in gold reserves. Ardoino denied rumors of selling bitcoin to buy gold and clarified that Tether transferred 19,800 bitcoins to Twenty One Capital instead of selling, currently holding more than 100,521 bitcoins worth $11.17 billion. As part of its strategy to support digital assets with tangible commodities, the company continues to diversify its investments covering Bitcoin, gold and land.