Tether's gold stash tops $23 billion as buying outpaces nation states, Jefferies says

Market Intelligence Analysis

AI-Powered
Why This Matters

Tether, a leading cryptocurrency firm, has amassed a gold stash worth over $23 billion, surpassing the holdings of many nation states, according to Jefferies' estimates.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The Wall Street investment bank estimates the crypto firm holds at least 148 tonnes of physical gold holdings, joining top 30 global holders of bullion.

Continue Reading
Full article on CoinDesk
Read Full Article
Original article published by CoinDesk on February 9, 2026.
Analysis and insights provided by AnalystMarkets AI.