Tether CEO: To Become Largest Bitcoin Miner Globally by the End of 2025

On June 25th, Tether CEO Paolo Ardoino announced on The Block's Big Brain podcast that the company plans to become the world's largest Bitcoin miner by the end of 2025. As a stablecoin issuer holding over 100,000 Bitcoins (worth over $10 billion), Tether's involvement in mining is primarily to protect its investment security rather than pursue commercial returns. Since 2023, the company has invested over $2 billion in Uruguay, Paraguay, and El Salvador to build energy production and mining infrastructure. Ardoino sees Bitcoin mining as one of the four pillars of Tether's "stable society" vision, which also includes stable currency, communication, and intelligence. [深潮 TechFlow]