Tether Purchased Another 8888 BTC in Q1
"Tether bought 8,888 more bitcoins in the first quarter of 2024, increasing its total holdings to about 75,354 BTC," reported The Block.
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- "Stablecoin issuer Tether purchased another $627 million worth of bitcoins in the first quarter of 2024, bringing its total holdings to about 75,354 — worth over $5.2 billion."
- "It was bought over the full quarter, then settled at the end," Tether CEO Paolo Ardoino told The Block.
- You can check Tether's Bitcoin address here.