According to its quarterly report, Tether ended March with 132 tons of gold worth approximately $19.8 billion, after purchasing more than six tons in the first quarter of 2026. The company also acquired a stake in US-based precious metals dealer Gold.com in February, establishing a $100 million gold leasing facility alongside the investment.
Tether said the gold holdings make it one of the largest known gold owners outside banks and governments. JPMorgan analyst Greg Shearer noted that Tether purchased more gold last year than any central bank except Poland.
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