Tether acquires 8,888 BTC, becoming the 7th largest Bitcoin holder with $5.26B holdings.
Tether, the stablecoin issuer, has acquired 8,888 BTC worth approximately $600 million, bringing its total Bitcoin holdings to around $5.26 billion. This latest purchase was revealed through on-chain data, and Tether is now the seventh-largest Bitcoin holder in the world. The company's decision to invest in Bitcoin is based on its strength and potential as an investment asset.
April 01, 2024
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