$BTC Tether Company Boosts Its Bitcoin Reserves and Purchases More:

Tether has purchased more Bitcoin, recently acquiring $735 million worth of Bitcoin.

Tether's latest purchase has placed it 6th globally in terms of Bitcoin reserves.

Tether holds over 92,000 Bitcoins valued at over $7.6 billion, with unrealized profits exceeding $3.8 billion.

Tether's successful strategy regarding Bitcoin and achieving significant profits from it has led the company to allocate 15% of its operating profits each quarter to buy more Bitcoin.