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|Legacy
BTCBTC
💲68633.47
-
0.64%
ETHETH
💲2103.59
-
1.49%
SOLSOL
💲79.79
-
2.38%
USDCUSDC
💲1.00
-
0%
XAUXAU
💲4648.51
+
0.04%
XRPXRP
💲1.32
-
2.22%

Yin.银哥
Yin.银哥|Apr 03, 2025 10:55
Tether is the most profitable company in the cryptocurrency industry that doesn't rely on cutting leeks. Why don't other companies learn from Tether and use a certain percentage of profits to purchase BTC as reserves? Tether, the issuing company of USDT, announced from May 2023 that it will regularly allocate 15% of its profits to purchase Bitcoin (BTC) to enhance its reserves. As of the first quarter of 2025, Tether has purchased 8888 BTC worth approximately $735 million this year. At present, we hold approximately 92647 to 100521 BTC with a total value of about 7.64 billion US dollars, and the average cost of purchasing is about 41147 US dollars per BTC.
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Timeline

May 03, 09:55【A whale made a profit of over 9 million US dollars】
May 03, 09:44【A whale made a profit of over 9 million US dollars】
May 03, 09:41【Whales have made multiple tokens in the past month】
May 03, 09:06【Arizona's attempt to establish Bitcoin strategic reserve failed】
May 03, 08:40【Arizona Governor Rejects Bitcoin Reserve Act】
May 03, 08:33【Trump supports Lummis' purchase of 1 million Bitcoin bill】
May 03, 08:08【Governor Katie Hobbs vetoes Bitcoin reserve legislation】
May 03, 07:34【Bitdeer's total holdings of Bitcoin have increased to 1245】
May 03, 07:20【On the 121st day, homeless individuals purchased cryptocurrency】
May 03, 06:56【Major banks and hedge funds share their BTC price forecasts】

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