Tether Buys 4,812 Bitcoins at $95,300 Each for $458.7 Million, Holdings Exceed 100,000 BTC with Jack Mallers’ Twenty One Capital
By: defi news|2025/05/14 05:30:07
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Tether has purchased 4,812 bitcoins (BTC) for approximately $458.7 million at an average price of $95,300 per bitcoin. This acquisition was executed through Tether following the launch of its new Bitcoin treasury company, Twenty One Capital, which is associated with Jack Mallers. This recent purchase pushes Tether's total Bitcoin holdings beyond 100,000 BTC, reinforcing its position as a major holder in the cryptocurrency market.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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