Tether has increased its Bitcoin holdings by nearly $800 million, bringing its total holdings to over 96,000 BTC, according to reports. This purchase aligns with Tether's stated strategy to allocate up to 15% of its quarterly profits to Bitcoin acquisitions. The development reflects a continued investment in Bitcoin as part of Tether's broader financial strategy.

Tether has increased its Bitcoin holdings by nearly $800 million, bringing its total holdings to over 96,000 BTC, according to reports. This purchase aligns with Tether's stated strategy to allocate up to 15% of its quarterly profits to Bitcoin acquisitions. The development reflects a continued investment in Bitcoin as part of Tether's broader financial strategy.