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by: xpoolPosted on: April 1, 2025

Tether Acquires Significant Bitcoin, Allocates Profits for Continued Investment

Tether, a leading stablecoin issuer, has significantly increased its Bitcoin holdings in the first quarter, acquiring an additional 8,888 Bitcoin to reach a total of 92,646 Bitcoin. This investment adds approximately $735 million to Tether’s growing portfolio. The company maintains its long-term strategy of allocating 15% of quarterly profits towards Bitcoin purchases.

Related posts:

  1. Tether Expands Bitcoin Holdings Amidst Market Volatility
  2. Reeve Collins Launches Pi Protocol: A Decentralized Stablecoin Challenge to Tether
  3. Tether CEO Claims Competitors Aim to
  4. Reeve Collins Launches Pi Protocol: Challenging the Stablecoin Landscape
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