Top stablecoin issuer Tether now reportedly holds $2.4 billion worth of Bitcoin and has made more than $1 billion worth of profit off its BTC investments. Pseudonymous on-chain analyst EmberCN tells their 64,000 followers on the social media platform X that Tether currently holds a total of 57,576 BTC purchased at an average cost of […]

The post Tether Allocating Part of Its Profits To Buy Bitcoin, Currently Holds $2,400,000,000 in BTC: Report appeared first on The Daily Hodl.

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The post Tether Allocating Part of Its Profits To Buy Bitcoin, Currently Holds $2,400,000,000 in BTC: Report appeared first on The Daily Hodl.
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