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Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11t | Crypto News Source

Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11th-Largest BTC Holder

Tether added to its bitcoin (BTC) holdings at the end of the fourth quarter, buying 8,888 more BTC for $380 million, The Block reported. An address associated with the company shows bitcoin holdings of 66,465, which makes it the 11th-largest holder of the cryptocurrency, according to a ranking by Dune Analytics.

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