Tether will make regular purchases and self-custody all of its | Crypto Hedger
Tether will make regular purchases and self-custody all of its bitcoin holdings, the company said in a statement. It held $1.5 billion in bitcoin as of the end of the first quarter, accounting for about 2% of its reserves. About 85% were held in cash, cash equivalents and other short-term deposits — mainly Treasury bills.
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