Tether strengthens Bitcoin portfolio with 8,888 BTC acquisition, sits on unrealized profit of $3.86 billion

Tether, the issuer of the world’s largest stablecoin USDT, acquired 8,888 Bitcoin in the first quarter of 2025. According to crypto analytics firm SpotOnChain, the purchase is worth approximately $...

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Tether strengthens Bitcoin portfolio with 8,888 BTC acquisition, sits on unrealized profit of $3.86 billion

Source: CryptoSlate

Tether, the issuer of the world’s largest stablecoin USDT, acquired 8,888 Bitcoin in the first quarter of 2025. According to crypto analytics firm SpotOnChain, the purchase is worth approximately $735 million and raises Tether’s total Bitcoin holdings to 92,647 BTC, valued at around $7.64 billion. The firm’s Bitcoin holdings now place it among the top […]