“Even more digital gold. Tether, the issuer of the stablecoin USDT, continues to accumulate bitcoins. In fact, the company announced back in May 2023 that it would allocate 15% of its profits to buy bitcoins. And it’s clear that Paolo Ardoino’s company has taken advantage of the sell-off and buy-on-the-dip strategy to add more of the precious cryptocurrency to its coffers. Key […]”, — write: businessua.com.ua
Even more digital gold. Tether a stablecoin issuer USDT continues to accumulate bitcoins. In fact, the company announced back in May 2023 that will allocate 15% of its profits to buy bitcoins . And it’s obvious that Paolo Ardoino’s company took advantage of the sales and strategy ” Buy at the drop price ” to add more precious cryptocurrency to your coffers.
Key points of this article:
- Tether took advantage of the downturn in the cryptocurrency market to buy an additional 961 bitcoins worth over $97 million.
- With this new purchase, Tether now owns 87,296 BTC, further cementing its position as the world’s second-richest unlisted bitcoin trading company.
Tether took advantage of bitcoin discounts to buy nearly 1,000 more bitcoins On November 7, 2025, several commentators such as Bitcoin Magazine reported on blockchain transaction, connected with Tether a company specializing in the release stablecoins such as USDT per US dollar and XAUT per ounce of gold.
Pursuant to this transaction (see below), Tether acquired additional 961 BTC for your bitcoin treasury. At the time of the transaction, these bitcoins were valued at over 97.3 million dollars .
X account @BitcoinMagazine
A cool sum of 87,296 Bitcoins for the USDT issuer After this latest purchase, Tether now owns the total, according to data from the BitcoinTreasuries website 87,296 BTC . It’s a little more 8.8 billion dollars at the current price of the leading cryptocurrency (which is trying to stay above the symbolic mark of $100,000).
It makes her the second largest private company with the most bitcoins in the world, second only to Block.one of his 164,000 BTC (see below). Even when taking public companies into account, Tether still has a very gigantic stake third place and only the giant Strategy ranks first overall with his 641,205 BTC.
Tether strengthens its position as the second richest private company in Bitcoin. – Source: bitcointreasuries.net
Since, in addition to Tether, many other companies now have the opportunity to use the strategy Bitcoin Treasury . Companies even sometimes choose other cryptocurrencies and accumulate reserves, for example, Ethereum or SOL from Solana . However, for these Digital Asset Treasuries ( DAT ) it is imperative to hope that the significant correction that the cryptocurrency market has recently experienced does not turn into bear market ; otherwise, companies that bought at peaks risk being hurt.
Source: journalducoin.com
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