Tether has announced a new strategy of buying bitcoin from their profits to add to the $1.5 billion BTC purchased in Q1 2023.
“Tether will regularly allocate up to 15% of its net realized operating profits towards purchasing Bitcoin (BTC),” the company said.
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- Source: https://www.trustnodes.com/2023/05/17/tether-bought-1-5-billion-bitcoin-will-buy-more
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