Tether buys 8888 Bitcoins! Total holdings exceeded 75,000, becoming the 7th largest BTC whale

Over the past 5 months, Tether Corporation has announced that they will regularly allocate up to 15% of their realized net revenue profits to purchase Bitcoin, a move that is diversifying through While ensuring that USDT is stably pegged to the U.S. dollar in its reserve method, Tether does not choose to have a third party custody Bitcoin, but instead manages it on its own.

Tether has continued to buy Bitcoin every quarter. As of today, January 1, after purchasing 8888.88 Bitcoins, according to Bitinfocharts data, Tether's Bitcoin wallet address purchased another 8,888.88 Bitcoins at 16 minutes today, with a price of approximately US$627 million, and the average purchase price to $70,558.

#Tether’s Bitcoin wallet address changes

Tether has now become the seventh largest Bitcoin giant on the Bitinfocharts Bitcoin currency holding list, The total number of Bitcoins held has reached 75,354.08, worth US$5.34 billion, with a floating profit of US$3.03 billion.

Bitcoin currency holding ranking list

Becomes the third largest whale holding currency in unlisted companies

In addition, BitcoinTreasuries data It shows that in the ranking of Bitcoin holdings of unlisted private companies, Tether currently ranks third, trailing only the 164,000 coins of the established public chain EOS developer Block.one and the 141,686 coins of the bankrupt cryptocurrency exchange Mt.GOX. .

Ranking of currency holdings of unlisted companies

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