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Market Cap:
24h Vol:
Cryptocurrencies: 12508
Bitcoin Bitcoin Share: 55.71%
Markets: 83060
Coin Edition
2023-12-05 08:17:41

Tether’s Profit in Bitcoin Holdings Surges Past $1 Billion: Report

Tether’s Profit in Bitcoin Holdings Surges Past $1 Billion: Report

Tether, the blockchain-enabled platform and issuer of USDT stablecoin, has reportedly acquired a profit of over $1.1 billion from its Bitcoin holdings. The remarkable surge in BTC price over the past few days, surpassing $41,000, has greatly contributed to the 85%+ profit in Tether’s BTC holdings. In a recent X post shared by Wu Blockchain, The post Tether’s Profit in Bitcoin Holdings Surges Past $1 Billion: Report appeared first on Coin Edition .

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