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Published 1 month ago

Tether Buys 8,888 Bitcoin For $618 Million, But Why Is Price Down?

Summary by Ground News
Tether acquired 8,888 Bitcoin on March 31, and the stablecoin issuer now holds almost 75,400 BTC. With its BTC holding, Tether now ranks as one of the largest Bitcoin holders, even having more BTC than some of the most prominent crypto exchanges and Spot Bitcoin ETF issuers.

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Tether Buys 8,888 Bitcoin For $618 Million, But Why Is Price Down?

On-chain data shows that the world’s largest stablecoin issuer, Tether, recently added more Bitcoin to its holdings.

1 month ago
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