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X @Wu Blockchain
Wu Blockchain· 2025-10-24 15:38
According to Bloomberg, Tether CEO Paolo Ardoino has revealed that the company is projected to post a net profit of approximately $15 billion this year, achieving an exceptional profit margin of 99%. When discussing the types of investors Tether aims to attract, he emphasized that the goal is to create synergies and expand the company’s impact, though he declined to disclose any details regarding specific potential investors. https://t.co/W2Krq9pGpo ...
X @The Block
The Block· 2025-07-31 15:17
Tether posts record $4.9 billion net profit for second quarter https://t.co/Rx1sU0beTO ...
X @Wu Blockchain
Wu Blockchain· 2025-07-31 14:51
Tether has released its Q2 2025 attestation report, confirming a net profit of approximately $4.9 billion for the quarter and a total of $5.7 billion in net profit for the first half of the year. Of this, $3.1 billion came from recurring earnings, while $2.6 billion resulted from mark-to-market gains on Bitcoin and gold. https://t.co/N4WuZ9iHEK ...