TETHER INCREASES BITCOIN RESERVES BY 961 BTC (~$97 MILLION), ACCORDING TO ARKHAM DATA
🔹 Tether has received 961 BTC (worth approximately $97 million) from Bitfinex’s hot wallet, bringing its total holdings to 87,296 BTC, valued at around $8.9 billion.
🔹 This move aligns with Tether’s ongoing strategy of allocating 15% of its quarterly profits to purchase additional Bitcoin since 2023.
🔹 Tether is now among the largest private Bitcoin holders globally, ranking just behind Block One and MicroStrategy.#btc #bnb
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