Paolo Ardoino, chief executive officer of stablecoin issuer Tether, has called Bitcoin “undefeatable” in a recent X post. The bold claim comes as markets wobble and digital assets face fresh downward pressure.
Bitcoin’s price action has been muted this week, but Ardoino’s comment has stirred up plenty of talk among traders and analysts.
Tether’s Bitcoin Holdings Grow
According to reports, Tether has boosted its Bitcoin stash to nearly 80,000 BTC. That holding is worth more than $9 billion at current rates.
The company’s steady buying suggests it sees deep value in Bitcoin even when prices slide. In recent weeks, Tether’s balance sheet has leaned heavily on the world’s oldest crypto asset.
Some market watchers say that kind of commitment from a major player could shore up confidence in Bitcoin’s long-term prospects.
Bitcoin is undefeatable
— Paolo Ardoino (@paoloardoino) August 6, 2025
Supporters have jumped in to back Ardoino’s take, pointing to Bi
We współpracy z: https://www.newsbtc.com/news/bitcoin/bitcoin-remains-undefeatable-according-to-tethers-chief/
