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Tether Boosts Bitcoin Reserves with $735M Purchase

  • Tether, the issuer of USDT stablecoin, has purchased $735 million worth of Bitcoin in Q1 2025, expanding its Bitcoin holdings.
  • With this purchase, Tether becomes the sixth-largest holder of Bitcoin globally.
  • Tether's total reserves now stand at 92,647 BTC, worth approximately $7.64 billion.
  • Despite Bitcoin's Q1 2025 performance decline, Tether remains committed to its accumulation strategy and diversification into emerging sectors.

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