Tether Buys 8,889 BTC as Bitcoin Falls Below $88K: 3 Scenarios in Play
Yahoo Finance·2026-01-01 16:45
2025 ended with a weak performance from Bitcoin , but Tether, the company behind the world’s largest stablecoin USDT , saw an opportunity to buy more BTC. As Bitcoin fell from the 778.7 million, to its reserves, Lookonchain shared in an X post. The firm withdrew the assets from the Bitfinex crypto exchange. The company behind USDT now holds 96,370 BTC, worth $8.46 billion. Despite the bullish calls from the community, under Lookonchain’s post, Bi ...