Tether acquired 8,888 BTC valued at 735 million USD during the first quarter of 2025, reflecting the company’s commitment to increase its Bitcoin reserves.
The company now holds a total of 92,647 BTC, equivalent to 7.64 billion USD, making it the sixth-largest Bitcoin holder globally.
Despite a 12% decrease in Bitcoin’s price, Tether maintains a bullish outlook on BTC, with unrealized profits of approximately 3.86 billion USD from its holdings.
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