Tether discloses 83,758 BTC holdings and $13 billion profit in 2024

Tether reported $7.8 billion in Bitcoin (BTC) holdings in the fourth quarter, which boosted its profits to over $13 billion last year. The company’s informed price of $93,812 puts its Bitcoin stash at 83,758 BTC. Meanwhile, the firm’s profits increased by $5.3 billion in the fourth quarter. According to the assurance opinion conducted by global […]