Tether kauft den Rückgang mit einem Bitcoin-Kauf im Wert von 97 Millionen US-Dollar

tldr; Tether, the issuer of the USDT stablecoin, purchased 961 BTC worth $97.18 million during a market dip, reflecting its strategy to allocate 15% of net profits to Bitcoin. This acquisition increases Tether’s Bitcoin holdings to 87,296 BTC, valued at $8.84 billion, making it the sixth-largest Bitcoin wallet globally. Analysts suggest the purchase aligns with Tether’s diversification strategy into hard assets like Bitcoin and gold, emphasizing long-term confidence in Bitcoin’s fundamentals despite recent market volatility.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Tether protecting itself with infinite money glitch.

while I am struggling to put $97 together and buy some sats