Tether adds nearly $800 million in bitcoin, bringing holdings above 96,000 BTC
Tether has increased its Bitcoin holdings by nearly $800 million, raising its total to over 96,000 BTC. This move reflects Tether's ongoing strategy to bolster its reserves amid a growing interest in cryptocurrencies. The company's Bitcoin investments are part of its efforts to maintain stability and support its stablecoin, USDT. Tether's significant Bitcoin acquisition underscores the increasing institutional adoption of digital assets.
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