2025-04-01 01:46:09🌟 USDT issuer
#Tether acquired 8,888 BTC$BTC ($735M) in Q1 2025!
In May 2023, Tether announced plans to allocate 15% of its profits each quarter to
#Bitcoin purchases for its reserves, with BTC acquired gradually throughout the quarter and settled at the end.
Currently, Tether's Bitcoin Reserves holds 92,647 BTC$BTC ($7.64B), making it the 6th largest BTC wallet, with an estimated $3.86B unrealized profit.
The BTC$BTC price dropped ~12% in Q1 2025, marking the worst Q1 in 7 years!
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