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Techub News reports that, according to Decrypt, Tether announced its financial report for the first quarter of 2026, showing that the company's net profit for the quarter reached $1.04 billion, with reserve buffers increasing to a record $8.23 billion, and currently holding approximately $141 billion in U.S. Treasury bonds. The company stated that it had initiated its first comprehensive audit for fiscal year 2026 Q1 conducted by KPMG, and in addition to Treasury bonds, it also holds about $20 billion in physical gold and $7 billion in Bitcoin. This profit level is roughly the same as the same period in 2025 but lower than the record $4.52 billion in 2024.