Tether CEO Stresses Bitcoin Importance Through 'Energy Harvesting'

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Tether's CEO draws public attention to Bitcoin Bitcoin enters "extreme fear" zone Advertisement Paolo Ardoino, Tether’s chief executive officer (CEO), has made a statement, stressing the importance of Bitcoin and the BTC mining process, calling it “energy harvesting.” Meanwhile, according to the recently published data, the Bitcoin market has entered the “extreme fear” zone. Tether's CEO draws public attention to Bitcoin In his tweet, Paolo Ardoino presented the Bitcoin mining process as a process of converting abundant global energy, which this year has been estimated at 204 Twh annually, or 0.5% of worldwide consumption, into the leading digital asset running on the proof-of-work algorithm and embraced by Wall Street. HOT Stories Saylor: 'We Are in Crypto Winter' Crypto Market Review: XRP at Make-or-Break $1.50, Shiba Inu (SHIB) Enters Oversold Range, Is BTC Triangle Breakout Incoming? “Bitcoin is energy harvested from the universe,” Ardoino tweeted today. Advertisement Thus, the Tether’s boss opposes various environmental concerns, portraying such energy use as the creation of “harvested” value rather than as a waste of energy and harm to the environment. Ardoino’s narrative is underpinned by the increasing adoption of renewable energy by Bitcoin miners. Bitcoin is energy harvested from the universe. — Paolo Ardoino 🤖 (@paoloardoino) February 18, 2026 However, among those who are concerned about the environmental impact of Bitcoin is Elon Musk, who in 2020 first announced Tesla's acceptance of BTC for its electric cars and then reversed that decision. Even though more than 50% of Bitcoin mining since then has been conducted using renewable energy sources, Musk has not put Bitcoin back on Tesla’s payment options list as he promised to do in 2020. Advertisement You Might Also Like Wed, 02/18/2026 - 08:55 Satoshi's 1 Million BTC Might Have to Be Frozen or Lost to Quantum Hackers: CryptoQuant CEO By Yuri Molchan Bitcoin enters "extreme fear" zone Meanwhile, the Bitcoin Fear and Greed Index shows that the world’s largest cryptocurrency has stepped into the zone of “extreme fear,” showing the number eight at the moment. This move has likely been driven by the recent crypto market volatility, macroeconomic uncertainty and the declining performance of altcoins. At the time of this writing, Bitcoin is changing hands at the $67,981 level after reaching an all-time high of $126,000 per coin in October last year. Still, historically, the extreme fear zone has presented a big opportunity for bold investors. Among them, recently, is Michael Saylor’s Bitcoin treasury company Strategy. On Feb. 17, the BTC evangelist announced that Strategy had conducted yet another crypto acquisition, as it scooped up 2,486 BTC for approximately $168.4 million. Now, this largest Bitcoin treasury company holds 717,131 BTC in total. This amount of crypto is valued at $48,768,794,850. Bitcoin Fear and Greed Index is 8 — Extreme Fear Current price: $68,165 pic.twitter.com/Y8RipN1niC — Bitcoin Fear and Greed Index (@BitcoinFear) February 18, 2026 #Tether #Paolo Ardoino #Bitcoin #Michael Saylor