Tether Aims to Become Largest Bitcoin Miner by End of 2025

Tether, the company behind the USDT stablecoin, is aiming to become the world’s largest Bitcoin miner by the end of 2025. In an interview with The Block, Tether CEO Paolo Ardoino outlined the company’s strategy and long-term ambitions in the Bitcoin mining sector.

Diversifying Into Mining, AI, and Infrastructure

Tether has already earned a reputation as one of the most profitable players in the crypto industry. Now, it is using those profits to expand into several critical sectors, including artificial intelligence, data centers, telecommunications, and Bitcoin mining.

According to Ardoino, the push into Bitcoin mining is more than just a financial strategy. It’s also a move to support the security of the Bitcoin network itself. He emphasized the importance of playing an active role in protecting the ecosystem that supports Tether’s core business.

“We have significant exposure to Bitcoin,” Ardoino told The Block. “If you have $1 million, buying Bitcoin is likely more profitable than mining. But in our case, helping secure the network makes strategic sense. Realistically, by the end of this year, Tether will become the biggest Bitcoin miner out there.”

$10 Billion Bitcoin Investment Fuels Strategy

Tether has already invested an estimated $10 billion into Bitcoin. By becoming a major miner, the company hopes to safeguard this investment and ensure that control of the network doesn’t fall into the hands of bad actors.

Ardoino framed Tether’s mining expansion as both a business opportunity and a network security mission. In his view, the long-term health of Bitcoin is closely tied to the integrity and decentralization of its mining infrastructure.

Competitive Landscape Poses Challenges

Despite Tether’s ambitions, the road ahead isn’t without obstacles. The Bitcoin mining industry is already crowded, with established players like Marathon Digital Holdings, Riot Platforms, and CleanSpark currently controlling about 30% of the global hashrate.

Tether has yet to publicly disclose the percentage of the Bitcoin network it controls. This lack of transparency makes it difficult to assess how close it is to achieving its mining dominance goal.

Latin American Mining Partnerships

Tether is expanding aggressively through partnerships in Latin America. The company has developed ties with governments in countries like El Salvador, Uruguay, and Paraguay, where it operates more than 15 mining facilities.

These partnerships offer access to renewable energy and favorable regulatory environments, helping Tether rapidly scale its infrastructure. The company hopes this strategic positioning will give it a competitive edge in the global mining race.

Looking Ahead

Tether’s plan to become the leading Bitcoin miner represents one of its boldest moves yet. With billions already invested and more infrastructure on the way, the stablecoin issuer is betting big on a sector that blends financial returns with long-term ecosystem protection.

If Tether meets its target by the end of 2025, it will not only reshape the mining industry but also strengthen its role at the core of Bitcoin’s future.