TETHER NOW HOLDS $8.41B IN BITCOIN!

Tether's Bitcoin holdings have indeed surged, with the company now holding approximately $8.41 billion in Bitcoin. This significant investment is part of Tether's strategy to allocate 15% of its quarterly profits to Bitcoin purchases, which was announced in May 2023 .

As of the latest update, Tether's total Bitcoin holdings amount to around 100,521 BTC, with the company emerging as the seventh-largest holder of BTC .

This substantial investment not only showcases Tether's confidence in Bitcoin but also highlights the stablecoin issuer's growing influence in the cryptocurrency market.

It's worth noting that Tether's expansion into Bitcoin is accompanied by its dominance in the stablecoin industry, with the company controlling 61% of the entire supply .#TrumpTariffs #BSCTradingTips