Tether’s Bitcoin Holding Profit Surges to $1.1 Billion as Leading Cryptocurrency Surpasses $42,000
11 months ago
20
Source: Adobe/Jim Tether, the company behind the world’s largest stablecoin, has witnessed a significant increase in the value of its Bitcoin (BTC) reserves, surpassing $1 billion in profit. According to data accumulated by crypto analyst EmberCN, Tether currently holds 57,576 BTC, equivalent to approximately $2.4 billion, with an average purchase price of $22,480 per coin. […]
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