Tether, as reported by BlockBeats on April 1st, has augmented its Bitcoin holdings by 8,888 Bitcoins, equivalent to around $630 million. This increases their total Bitcoin reserves to 75,354.08, valued at $5.34 billion. This recent acquisition follows Tether's pattern of quarterly Bitcoin purchases, which began in September 2022 with an initial buy of 33,980 BTC. Previously, Tether had acquired the same amount of Bitcoins at the end of the last quarter, valued at $380 million at that time.
