CoinDesk••1 min read
Tether Adds $70M BTC to Reserves
The Arch TakeBullish
According to reports, Tether, the USDT stablecoin issuer, has added $70 million in bitcoin to its reserves, now holding over 97,000 BTC. This development is part of Tether's strategy to invest up to 15% of its profit into bitcoin, accumulating over $7.1 billion in BTC.
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