Tether Acquired 8888 BTC Late in Q4, Now Holds 66465 BTC
"Tether recently acquired an additional 8,888 bitcoins, increasing its total holdings to about 66,465 BTC. The current value of these bitcoins is about $2.8 billion," reported The Block.
- "While Tether hasn't officially revealed its bitcoin addresses, 21.co Research Analyst Tom Wan identified an address, in August last year, that he estimated belonged to Tether."
- "The Block confirmed with a source at the time that it was indeed Tether's address, positioning the company as the 11th-largest bitcoin holder. Tether continues to maintain this ranking with its latest purchases," was stated in the article.