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Reading: Tether increased Bitcoin reserves: New Purchase 8,888 BTC
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Tether increased Bitcoin reserves: New Purchase 8,888 BTC
Bitcoin and BTC

Tether increased Bitcoin reserves: New Purchase 8,888 BTC

vitalclick
Last updated: April 1, 2025 1:46 pm
2 months ago
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Tether exporting USDT stable token, 8,888 Bitcoin in the first quarter of 2025 $84,209.08 He reported that he added. The added BTC is worth approximately 735 million dollars and the long -term BTC accumulation strategy continued. It is stated that the purchase was realized in a heavy period when Bitcoin price decreased by 12 %.

Tether’s purchase strategyBitcoin price movements

Tether’s purchase strategy

In a statement made in May 2023, it was announced that the firm would devote 15 %of the quarter profit to Bitcoin purchases. Within the scope of this strategy, TETHER buys BTC regularly. The company, which currently has 92,647 Bitcoin, is calculated as approximately $ 7.64 billion.

In the last 24 hours in the stable token market, Trondao also produced USDT worth $ 1 billion, while the total production of the company reached 40 billion dollars last year. Ripple in the sector $2.15‘s Rlusd launch and Circle’s efforts to expand the market share are also observed. These developments are among the factors that affect market competition.

Bitcoin price movements

Bitcoin price, an increase of 1.94 %reached 83,112 dollars, while the daily transaction volume increased to 27.3 billion dollars. Market analysts say that increasing transaction volume and volatility are the factors that need to be carefully monitored. Prices, especially before the upcoming international developments and new recipe battles can test significant support levels.

“Arkham Alert: 1,000,000,000 USDT Produced”

Tether’s Bitcoin purchases are closely monitored by the sector as it is carried out during market conditions and price decreases. It is suggested that the company’s strategic approach can have indirect effects on market dynamics.

Increased BTC reserves and rise in production attract investors’ attention with the increase in the volatility in the market. Developments can be followed in parallel with international economic indicators. The movements of market actors are considered to affect the expectations of the future of the sector.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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