Lutnick is Trump's Secretary of Commerce. Tether is an asset-based company specializing in payment tokens. It has an asset tokenization division and also invests in asset tokens like gold and real estate. What's wrong with this picture? America is about to be plundered.

Tether has purchased another 8,888 BTC, increasing its total on-chain holdings to 86,335 BTC. At current prices, that's worth over $9.7 billion, according to CoinMarketCap.

The company, however, claims its real stash is much larger. Tether reports holding over 100,000 BTC along with 50 tons of gold. It has also committed 15,000 BTC into Bitcoin XXI, a treasury management firm focused on Bitcoin strategies.

This steady accumulation shows how Tether is doubling down on Bitcoin as a reserve asset. While most stablecoin issuers remain tied to U.S. Treasuries, Tether is openly diversifying into scarce digital and physical stores of value.

Investment in South American Agriculture

Beyond Bitcoin, Tether has been moving aggressively into traditional hard assets. The company owns 70% of Adecoagro, a major agricultural group in South America.

Adecoagro operates more than 210,000 hectares of farmland across Argentina, Brazil, and Uruguay. The land produces crops, dairy, and bioenergy, giving Tether direct exposure to food production and commodities.

This move highlights a long-term play. Instead of only relying on cash reserves, Tether is positioning itself in sectors that generate real-world value. Owning farmland in some of the most fertile regions of the world aligns with the company's strategy to hedge against inflation and currency volatility.

A Push Into Hard Assets

This accumulation of Bitcoin, gold, and farmland fits a clear pattern. In May, Tether reported holding 100,000 BTC and 50 tons of gold in reserves. The firm has been public about its desire to move beyond just U.S. Treasuries and money market funds.

For Tether, hard assets mean stability. Bitcoin offers scarcity in the digital realm. Gold provides centuries of recognition as a safe haven. Land, particularly farmland, delivers both security and productive yield. Together, these holdings paint a picture of a company preparing for long-term resilience.