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Tether’s Bitcoin Holdings Reach a Profit of $1,100,000,000 ⭐ Tether, the company behind the world’s largest stablecoin, USDT, has seen its Bitcoin reserves jump in value by over $1 billion in recent months. According to Chinese journalist Colin Wu, Tether currently holds 57,576 BTC worth around $2.4 billion, with an average purchase price of $22,480 per bitcoin. This means Tether’s Bitcoin stash has gained roughly 85%, or $1.1 billion, since its acquisition. #USDT #Tether #Bitcoin #stablecoin $BTC

Tether’s Bitcoin Holdings Reach a Profit of $1,100,000,000

⭐ Tether, the company behind the world’s largest stablecoin, USDT, has seen its Bitcoin reserves jump in value by over $1 billion in recent months.

According to Chinese journalist Colin Wu, Tether currently holds 57,576 BTC worth around $2.4 billion, with an average purchase price of $22,480 per bitcoin. This means Tether’s Bitcoin stash has gained roughly 85%, or $1.1 billion, since its acquisition.

#USDT #Tether #Bitcoin #stablecoin $BTC

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