Tether’s Bitcoin Holdings Reach $7.6 Billion Milestone

Tether has confirmed a significant increase in its Bitcoin holdings, revealing that they exceed $7.6 billion, according to reports from PANews. This announcement comes shortly after Tether released their first-quarter report, which revealed the company’s U.S. Treasury holdings are nearing $120 billion. Furthermore, Tether’s traditional investment operations have generated profits exceeding $1 billion in this period.