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 […]