Bitcoin Accumulation: Here’s The Massive Tether Buy That Has Got The Communit...
USDT issuer Tether has added a significant amount of Bitcoin to close out the third quarter, a development that has caught the attention of the crypto community. Tether’s CEO, Paolo Ardoino, also confirmed this purchase, as the company ranks among the largest BTC treasury companies. Tether Adds 8,889 BTC To Bitcoin Holdings Arkham data shows that Tether bought 8,889 BTC for $1 billion, with the coins transferred from Bitfinex’s hot wallet to the USDT issuer’s Bitcoin reserves wallet. The company now holds 86,335 BTC, which is valued at $10.23 billion. Ardoino also confirmed the purchase....
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