🚀 Tether's Bitcoin Bonanza! 🚀

Tether, the USDT stablecoin giant, just snagged 8,888 BTC for $735M, boosting its Bitcoin stash to a whopping 100,521 BTC (~$8.29B)! This aligns with their strategy to invest 15% of profits in Bitcoin, a move since May 2023.

Beyond crypto, Tether's expanding its reach:

- 70% stake in Adecoagro, a Latin American agri-firm

- Plans to grab 30% of Italian media co. Be Water

With $13.7B profit in 2024, Tether leads the stablecoin market, holding 61% share. Share your thoughts below! 💬