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Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits

By Krisztian Sandor at 2026-06-17 09:24

Sentiment: Positive

The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings. Continue reading...

Categories: Finance

Tags: #Stablecoin #USDT #Tether #Bitcoin #btc

Source CoinDesk