Tether now the seventh-largest Bitcoin (BTC) holder

Tether recently committed 15% of its net profit to Bitcoin investments. On March 31, 2024, Tether acquired an additional 8,888 BTC at $30,305 each bringing unrealized profit to $2.94B. Tether is now 7th largest holder of Bitcoin (BTC), with 75,354 BTC. Tether, the leading issuer of USDT, has emerged as the seventh-largest holder of Bitcoin […]

Coinbase is largest Bitcoin (BTC) holder in the world: Arkham

Arkham announced it identified nearly $25 billion in Bitcoin in crypto exchange Coinbase’s portfolio. The BTC holdings are approximately 948,000, closer to the 1 million BTC of Satoshi Nakamoto. Coinbase is thus the world’s largest known Bitcoin entity, Arkham analysts said on X. Blockchain intelligence firm Arkham has reported that Coinbase holds Bitcoin (BTC) worth about $25 […]