Tether Holds $3.86 Billion in Unrealized Bitcoin Profits
- Tether has unrealized Bitcoin profits amounting to $3.86 billion.
- The company holds the sixth-largest Bitcoin wallet globally with 92,647 BTC valued at $7.88 billion.
- Tether’s total Bitcoin holdings are 100,521 BTC, including nearly 8,000 BTC outside its reserves wallet.
- In May 2023, Tether announced plans to allocate up to 15% of net realized operating profits for Bitcoin purchases.
- In the first quarter of 2025, Tether bought 8,888 BTC worth $735 million.
Tether’s significant investment in Bitcoin reflects its strategy to enhance portfolio performance and align with transformative technology. The firm holds substantial unrealized profits from its Bitcoin holdings.
Source (2.6)https://dailyhodl.com/2025/04/02/tether-sitting-on-3860000000-in-unrealized-profits-after-massive-8888-bitcoin-transfer-on-chain-data/?rand=59076
