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Tether Adds 8,888 BTC to Reserve in Quiet Power Move

  • Tether added 8,888 BTC to its reserves, strengthening long-term Bitcoin holdings.
  • Tether's reserve wallet made a massive withdrawal, adding up to a total of 92,647 BTC, making it one of the largest Bitcoin wallets in the world.
  • In addition to adding Bitcoin to its reserves, Tether also issued 1 billion USDT tokens to add liquidity to the market.
  • Tether's expanding business direction includes a 30.4% stake in a media company and being increasingly involved in crypto-based oil transactions.

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