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MC:$3.42KHolders:1
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Tether becomes the largest company holding gold outside of governments and ETF funds. The company now owns more than 140 tons of gold, "actually" stored in a highly fortified former nuclear bunker in Switzerland. Just last year, the company purchased over 70 tons of gold. The company aims to buy 1 to 2 tons of gold weekly, for at least several months.
Tether's CEO likened the company's role to a "central bank in the gold market," emphasizing that gold is a sovereign asset.
One of the key statements from Paolo Arduino, the company's CEO, is that he expects geopolitical opponents of W
View OriginalTether becomes the largest company holding gold outside of governments and ETF funds. The company now owns more than 140 tons of gold, "actually" stored in a highly fortified former nuclear bunker in Switzerland. Just last year, the company purchased over 70 tons of gold. The company aims to buy 1 to 2 tons of gold weekly, for at least several months.
Tether's CEO likened the company's role to a "central bank in the gold market," emphasizing that gold is a sovereign asset.
One of the key statements from Paolo Arduino, the company's CEO, is that he expects geopolitical opponents of W
MC:$3.42KHolders:1
0.00%
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