1 min read
Add as a preferred source on GoogleTether's Bitcoin Holdings Rise by About 50,000 BTC to 150,000 BTC
The stablecoin issuer's new holding is about 50% above its earlier position of roughly 100,000 BTC.
Mentioned assets
Stablecoin issuer Tether has increased its Bitcoin (BTC) holdings by about 50,000 coins to roughly 150,000 BTC, CEO Paolo Ardoino said Tuesday, expanding the company's direct exposure to the cryptocurrency.
The increase is measured against an earlier position of about 100,000 BTC.
The new total is about 50% higher than that prior level.
Tether issues USDT.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.