Tether CEO: We Could Become the World’s Largest Bitcoin Miner by Year-End
Tether, the world’s leading stablecoin issuer, could become the largest Bitcoin miner globally by the end of 2025, according to its CEO Paolo Ardoino.
Ardoino explained that the firm’s mining ambitions are driven not by profit motives, but by the strategic need to safeguard its massive BTC exposure.
Tether, with a lean team of under 200 people, reportedly generated $13 billion in profit in 2024. Over the past two years, it has used this capital to aggressively diversify into AI, energy infrastructure, data centers, telecommunications, and increasingly, Bitcoin mining.
“Given the exposure that we have to Bitcoin, it’s important to be part of the security of the network,” he said.
He made it clear that mining, in Tether’s case, isn’t about outperforming BTC as an investment. “If you have $1 million and you have to decide where to put it — in mining or in buying Bitcoin — you would always make more money buying Bitcoin directly,” Ardoino stated. He also warned against trusting miners that promise outsized returns.
Ardoino concluded, “Realistically, by the end of this year, Tether will become the biggest Bitcoin miner out there.”
If realized, this would mark a major shift in the industry — positioning a stablecoin issuer not only as a financial player, but also as a key contributor to Bitcoin network security and decentralization.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
