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Whale Alert! Tether Amasses $1 Billion in Bitcoin, Shaking Up Crypto Treasury

Published 1 day ago1 minute read
David Isong
David Isong
Whale Alert! Tether Amasses $1 Billion in Bitcoin, Shaking Up Crypto Treasury

Tether, the leading stablecoin issuer, has significantly bolstered its bitcoin holdings, purchasing nearly 8,889 BTC today. This acquisition, valued at over $1 billion according to on-chain data, elevates Tether's primary treasury holdings to more than 86,000 BTC, solidifying its position as one of the largest corporate bitcoin holders globally. This move aligns with Tether's strategic objective to diversify its reserves into

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