HIGER|Nov 04, 2026 00:33
Tether is finally starting to give back to the crypto community:
1. Previously, a large portion of its profits flowed outside the crypto space, with gold reserves reaching approximately $19 billion. It also recently participated in a $1.5 billion funding round for AI chip company Tensorrent.
2. Starting in May 2023, it will allocate up to 15% of its realized profits each quarter to buy Bitcoin.
3. CEO Ardoino just stated in Lugano that Tether itself already holds approximately 150,000 BTC, worth about $11.5 billion at current prices.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink