Just saw that Tether is busy buying Bitcoin again. This time, 951 BTC were transferred to the reserve address. This brings the total holdings to over 97,000 BTC. The address was confirmed by Paolo Ardoino himself, so everything is legit. This has actually been part of their strategy since 2023 - they pump up to 15% of their operating profits into Bitcoin. It's interesting to observe how Tether is continuously building up their Bitcoin position. It could be seen as a bullish signal, or simply a sign that the major players are betting on BTC in the long term.

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