Tether added another 8,888 Bitcoins in the early hours of this morning, and its total holdings exceeded 75,000.
According to on-chain data, the address marked as Tether added 8,888 Bitcoin, worth about $630 million, at 1:21 AM Beijing time today. The total holding is now 75,354.08 Bitcoin.Previously, Tether purchased 8,888 Bitcoin in the last quarter, valued at $380 million at the time. Tether began buying Bitcoin in September 2022, with an initial purchase of 33,980 BTC. Since then, the company has continued to acquire Bitcoin every quarter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Stablecoins to Compete with Credit and Debit Cards
Plume Network Partners with SkyLink to Unlock Cross-Chain RWA Yield, Spanning 16 Networks Including Solana, Movement, and Injective
Plume Network achieves cross-chain interoperability via SkyLink, providing users with seamless RWA revenue transfer and multi-chain ecosystem support.
Crypto Whales Control 94% of Trump Family Tokens, Chainalysis Reports
UAE SCA Drafts New Regulations for Security Tokens and Robo-Advisors
Trending news
MoreCrypto prices
More
