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Market Cap:
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Bitcoin Bitcoin Share: 49.84%
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CryptoGlobe
2023-12-07 01:10:00

Tether’s Bitcoin (BTC) Investment Strategy Pays Off With Over $1 Billion in Unrealized Gains

Tether’s Bitcoin (BTC) Investment Strategy Pays Off With Over $1 Billion in Unrealized Gains

Leading stablecoin issuer Tether has seen its Bitcoin (BTC) investment strategy start to pay off as the company’s BTC holdings are now valued at $2.4 billion after rising more than 85% from the company’s average purchase price, leading to an unrealized gain exceeding $1 billion. According to popular researcher EmberCN, since May 2023 Tether has

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