Tether Buys $1B in Bitcoin, Total BTC Holdings Near $10B
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Tether, the issuer of the world's largest stablecoin, has boosted its Bitcoin reserves by $1 billion, bringing its total holdings to almost $10 billion. Data from Arkham Intelligence reveals that a wallet labeled “Tether: Bitcoin Reserves” recently received 8,889 Bitcoin from Bitfinex, a crypto exchange closely linked to the company.
1d ago•
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