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Tether: Will Regularly Allocate a Portion of Profits to Bitcoin Purchases

Tether: Will Regularly Allocate a Portion of Profits to Bitcoin Purchases

2023/05/18 06:46

Starting this month, Tether will periodically allocate up to 15% of its net realized operating profits to the purchase of bitcoin in an effort to further strengthen and diversify its reserves, Tether said in a release.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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