Tether To Allocate Up To 15 Of Its Profits Towards Purchasing Bitcoin
Tether plans to allocate up
Tether to Further Strengthen Reserves Through Purchase of
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 said it will allocate
Tether to Allocate 15% of Profit to Purchase Bitcoin
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 Says It Will Buy Bitcoin for Stablecoin Reserves - CoinDesk
Tether
Tether Will Allocate up to 15% of Profits to Bitcoin
Tether to Allocate 15% of its Profit Towards Buying 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.
Starting this month
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 To Put 15% of Realized Profits Into Bitcoin
Tether Bets On Bitcoin: Allocates Up To 15% Of Profits For BTC
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 invest up to 15% of its profits in bitcoin