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PostedJun 906/09/2025, 04:26 PM
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💥 Tether Valued at $515B — But No IPO Incoming 📊 After Circle’s IPO announcement, analysts priced Tether at a staggering $515 billion — which would make it the 19th largest company globally, ahead of giants like Costco and Coca-Cola. But CEO Paolo Ardoino quickly shut down the hype: “No need to go public,” he wrote on X — confirming Tether will stay private. The numbers behind the $515B valuation: • $13B profit in 2024 • Projected $7.4B EBITDA for 2025 • 69.3x multiple, based on Circle’s model 👉 But investors note: Going public = more regulatory scrutiny, transparency, and audits — something Tether has long avoided. #News Alpha | Chat