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Tether Acquires 8,888 BTC for $735M in Q1 2025, Total Holdings Reach $8.41B

TheNewsCrypto LogoTheNewsCrypto1d ago

Tether Acquires 8,888 BTC for $735M in Q1 2025, Total Holdings Reach $8.41B - TheNewsCrypto

Quick Summary:

According to Arkham Intelligence, Tether, the issuer of USDT, added 8,888 Bitcoin, worth $735 million, in Q1 2025.

This resulted in an overall increase in bitcoin holdings to 100,521 BTC, valued at roughly $8.29 billion.

Its closest competitor, USD Coin (USDC), has a market cap of $60 billion.

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Tether Acquires 8,888 BTC for $735M in Q1 2025, Total Holdings Reach $8.41B - TheNewsCrypto (Picture 1)

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 09:20:59 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 37 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27513791

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 30 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "Tether Acquires 8,888 BTC for $735M in Q1 2025, Total Holdings Reach $8.41B" has 357 words across 37 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Tether Acquires 8,888 BTC for $735M in Q1 2025, Total Holdings Reach $8.41B" was covered 1 days ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

How trustworthy is 'TheNewsCrypto' news outlet?

TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 30 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #27513791
  • URL: https://chronographically.beamstart.com/news/tether-acquires-8888-btc-for-17435102031938

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