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Tether CEO: 95% of profits will be used to continue reinvesting in Bitcoin

2025-05-29 18:00

Odaily News “We have been particularly noticed recently for generating huge profits. Over the past three years, our profits have been about $20 billion,” said Tether CEO Paolo Ardoino in a speech at the Bitcoin 2025 Conference. “We have distributed less than 5% of our profits to shareholders, and 95% of our profits have been used to expand our distribution network and continue to reinvest in Bitcoin, which we will talk about later.”