USDT Issuer Tether Bitcoin Stack Rose to 92,646 in Q1

USDT Issuer Tether Bitcoin Stack Rose to 92,646 in Q1

Stablecoin issuer Tether increased its bitcoin holdings to 92,646 BTC, adding 8,888 BTC for $735 million in the first quarter of 2025.The company is staying true to its plan to put 15% of its profits each quarter into additional bitcoin purchases. Its current bitcoin stack is worth $7.7 billion at bitcoin's current price just above $83,000.Tether's USDT stablecoin is the world's largest with a $143 billion market cap. The company raked in $13 bi…

Tether Buys $750M Worth of Bitcoin in Q1 2025

USDT stablecoin issuer, Tether, has purchased $750 million worth of Bitcoin in Q1 of 2025 as its total holdings reach 92,646 BTC

Tether Sitting on $3,860,000,000 in Unrealized Profits After Massive 8,888 Bitcoin Transfer: On-Chain Data - The Daily Hodl

The stablecoin issuer Tether is reportedly sitting on $3.86 billion worth of unrealized Bitcoin (BTC) profits. The crypto tracker Spot On Chain notes Tether has the sixth-largest Bitcoin wallet in the world, with its reserves totaling 92,647 BTC worth $7.88 billion at time of writing. Tether owns 100,521 BTC in total, meaning the firm holds nearly 8,000 BTC outside its reserves wallet, according to the crypto data platform Arkham. The stablecoin…

Tether Continues Bitcoin Buying Spree, Now Holds $7.8 Billion

Tether, the issuer of the world's largest stablecoin USDT, has further solidified its position as a significant Bitcoin holder, adding another substantial amount to its reserves in the first quarter of 2025. 🙏 https://t.co/1XxYwS73Mq— Paolo Ardoino 🤖 (@paoloardoino) April 1, 2025 The company's purchase of 8,888 BTC in the first three months of 2025 brings its total holdings to a staggering 92,646 BTC, valued at approximately $7.8 billion based…

BTC is stable at USD 84,000: Daily high at USD 85,487, supported by purchases of institutional investors. Tether, MicroStrategy and Metaplanet buy massively BTC: A total of over 31,000 [...] The post Bitcoin before the outbreak: Buy institutions, investors trembling, which coins still benefit? appeared first on Kryptoszene.de.

Tether Expands Bitcoin Reserves With Nearly 9,000 BTC Buy—What’s The Plan? – MAXBIT

Tether, the developer of USDT, has added 8,888 Bitcoins to its holdings valued at around $735 million at the time of the transaction. This latest market move by the popular stablecoin issuer was reported by Arkham. In a snapshot offered by Arkham on its official website, it revealed that the stablecoin company withdrew 8,888 Bitcoins...