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April 1, 2025

Tether Grows Bitcoin Reserves with New Acquisition of 8888 BTC Worth $735 Million

Tether has recently made headlines by acquiring an impressive 8,888 BTC worth approximately $735 million in the first quarter of 2025. This substantial addition to its reserves raises Tether’s total Bitcoin holdings to around 100,521 BTC, valued at approximately $8.41 billion. As the demand for stablecoins surges in the crypto market, Tether’s strategic expansion of its Bitcoin reserves signals a strong commitment to its growth. Investors are now curious about how this acquisition will influence future market dynamics and overall sentiment within the cryptocurrency sector.

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