银哥
银哥|Apr 03, 2025 10:55
Tether is the most profitable company in the cryptocurrency industry that doesn't rely on cutting leeks. Why don't other companies learn from Tether and use a certain percentage of profits to purchase BTC as reserves? Tether, the issuing company of USDT, announced from May 2023 that it will regularly allocate 15% of its profits to purchase Bitcoin (BTC) to enhance its reserves. As of the first quarter of 2025, Tether has purchased 8888 BTC worth approximately $735 million this year. At present, we hold approximately 92647 to 100521 BTC with a total value of about 7.64 billion US dollars, and the average cost of purchasing is about 41147 US dollars per BTC.
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