Tether Amasses 140 Tons of Gold in Swiss Bunker

Tether has emerged as the largest known gold holder outside of banks and nation states, amassing over 140 tons of gold valued at approximately $23 billion. This substantial reserve is reportedly stored in a secure Swiss nuclear bunker, according to Bloomberg. The move underscores Tether’s strategic diversification of its asset holdings, positioning it as a significant player in the global gold market.