๐จ Tether reveals that it owns 150,000 BITCOIN worth US$11.5 BILLION.
๐ฐ Paolo Ardoino, Tetherโs CEO, confirmed that the company holds a massive position in $BTC.
๐ Whatโs interesting is that its latest reserve report reflected approximately 100,000 BTC.
๐ The other 50,000 BTC could correspond to the companyโs own investments, but it has not yet been clarified where they are accounted for.
๐ก While many investors worry about market downturns, one of the ecosystemโs biggest players maintains a multibillion-dollar exposure to Bitcoin.
Institutional accumulation remains an important factor in assessing the future of cryptocurrencies.
#Bitcoin #Tether #USDT #CryptoNews #LokidNFT
๐ฐ Paolo Ardoino, Tetherโs CEO, confirmed that the company holds a massive position in $BTC.
๐ Whatโs interesting is that its latest reserve report reflected approximately 100,000 BTC.
๐ The other 50,000 BTC could correspond to the companyโs own investments, but it has not yet been clarified where they are accounted for.
๐ก While many investors worry about market downturns, one of the ecosystemโs biggest players maintains a multibillion-dollar exposure to Bitcoin.
Institutional accumulation remains an important factor in assessing the future of cryptocurrencies.
#Bitcoin #Tether #USDT #CryptoNews #LokidNFT
