1 day ago
Stablecoin issuer Tether increased its bitcoin holdings to 92,646 BTC, adding 8,888 BTC for $735 cardinal successful the archetypal 4th of 2025.
The institution is staying existent to its program to enactment 15% of its profits each 4th into further bitcoin purchases. Its existent bitcoin stack is worthy $7.7 cardinal astatine bitcoin's existent terms conscionable supra $83,000.
Tether's USDT stablecoin is the world's largest with a $143 cardinal marketplace cap. The company raked in $13 cardinal successful profits past year, mostly from involvement connected its immense holdings of U.S. Treasuries backing USDT.
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