Tether to Allocate 15% of Profit to Purchase Bitcoin

Tether Says It Will Buy Bitcoin for Stablecoin Reserves - CoinDesk

Tether to Allocate 15% of its Profit Towards Buying Bitcoin

Tether

Tether, the firm that issues the world’s largest stablecoin USDT, announced it intends to allocate 15% of its realized net profits from investments into Bitcoin on a monthly

Tether to Further Strengthen Reserves Through Purchase of

Tether Bets On Bitcoin: Allocates Up To 15% Of Profits For BTC

Starting this month

Tether to invest up to 15% of its profits in bitcoin

Tether Will Allocate up to 15% of Profits to Bitcoin

Starting this month, Tether will regularly allocate up to 15% of its net realized operating profits towards purchasing Bitcoin (BTC). Tether anticipates that the current

Tether will now allocate up

Tether said it will allocate up to about 15% of the realized profits from investments – excluding any unrealized price appreciation of its reserve assets – to purchase

Tether will now allocate up to 15% of its net realized operating profits toward purchasing Bitcoin (BTC) regularly. This move is expected to diversify Tether’s

Tether plans to allocate up to 15% of its net realized operating profits towards Bitcoin (BTC) purchases, aiming to further strengthen and diversify its reserves

Tether

Tether To Put 15% of Realized Profits Into Bitcoin

Tether, issuer of the world's largest stablecoin, will invest up to 15% of its profits in bitcoin as it shifts its reserves towards crypto and away from U.S. government debt.