Naslovnica Kripto novosti Tether Moves $780 Million in Bitcoin to Reserve

Tether Moves $780 Million in Bitcoin to Reserve

30 Dec, 2024Kripto novosti

Tether Moves $780 Million in Bitcoin to Reserve

Stablecoin issuer Tether transferred nearly $780 million worth of Bitcoin to its corporate Bitcoin reserve in its largest move since March.

According to Arkham Intelligence, wallets associated with Tether’s Bitcoin reserve received two separate transfers on Dec. 30: approximately 7,628.9 BTC and 775.6 BTC, for a combined total of just under 8,404.5 BTC.

With Bitcoin trading around $92,500, these additions are valued at $777.4 million, bringing Tether’s total holdings to 83,759 BTC, worth approximately $7.75 billion.

In May 2023, Tether announced plans to “regularly allocate up to 15% of its net realized operating profits toward purchasing Bitcoin.”

This marks Tether’s first major move since March 31, when it added around 8,888 BTC shortly after Bitcoin surpassed $70,000 and reached a new all-time high.

Bitcoin’s price doubled in 2024, gaining 108% over the year, though it has been trading lower this week and is down from its mid-December all-time high of roughly $108,000.

Tether ranks as the second-largest private holder of Bitcoin, with 83,759 BTC, trailing only blockchain software firm Block.one, which holds 140,000 BTC, according to data from Bitbo.

Overall, Tether is third among private and public companies, behind MicroStrategy, which leads with 446,400 BTC.

Corporate Bitcoin treasuries have gained popularity amid Bitcoin’s price surge, with several companies adding the cryptocurrency to their holdings to potentially boost their share prices.

One recent adopter, KULR Technology Group, announced on Dec. 16 that it had purchased 217.18 BTC for $21 million.

The news caused its stock price to soar over 40%, closing at an all-time high of $4.80 that day.

Additionally, biopharmaceutical company Quantum BioPharma disclosed on Dec. 20 that it had acquired $1 million worth of Bitcoin and other cryptocurrencies as part of a strategy to diversify its treasury.

Sources:

https://cointelegraph.com/news/tether-moves-780-million-bitcoin-reserve-biggest-since-march

https://intel.arkm.com/explorer/tx/b2ed7dc4db2bdf916d911d5c754e6d171315668f6b5f5b86dea83236a314d253

https://intel.arkm.com/explorer/tx/e82ada03e81ca252e508ef626c076160f7fb8ed6bb6a6c71d25027884c979625

https://intel.arkm.com/explorer/address/bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4

https://treasuries.bitbo.io/

Natrag na Kripto novosti
Related articles
China Working on Strategic Bitcoin Reserve in Silence

Kripto novosti

China Working on Strategic Bitcoin Reserve in Silence

Crypto ATMs in USA Drop by 1,200 in March

Kripto novosti

Crypto ATMs in USA Drop by 1,200 in March

SEC Recognizes Grayscale Cardano ETF Filing

Kripto novosti

SEC Recognizes Grayscale Cardano ETF Filing

More Than 600,000 Tokens Launched in January

Kripto novosti

More Than 600,000 Tokens Launched in January

Ne propustite kripto novosti

Pretplatite se na naš newsletter - najbolji način da ste informirani o kripto svijetu. Bez spama. Odjaviti se možete bilo kada.

Kada s nama podijelite svoju e-adresu, pristajete na primanje BITmarketovog newslettera. U našoj Politici privatnosti pročitajte kako obrađujemo vaše podatke

Koristimo kolačiće za pohranu, pristup i obradu osobnih podataka kako bismo vam pružili najbolje online iskustvo. Klikom na Prihvati kolačiće pristajete na pohranu svih kolačića i osiguravate najbolje moguće djelovanje internetske stranice. Možete promijeniti postavke kolačića ili povući privolu klikom na Postavke kolačića. Da biste saznali više o kolačićima i svrhama, pročitajte Politika kolačića and Politika privatnosti

Postavke kolačića


Kontrola kolačića


Što su kolačići?

Kolačići su male tekstualne datoteke koje omogućuju nama i našoj usluzi jedinstvenu identifikaciju vašeg preglednika ili uređaja. Kolačići obično rade tako da vašem uređaju dodijele jedinstveni broj i na vašem ih pregledniku pohranjuju internetske stranice koje posjećujete, kao i treći pružatelji usluga za te internetske stranice. Pod pojmom kolačići treba uzeti u obzir druge tehnologije kao što su SDK-ovi, pikseli i lokalno pohranjivanje.


Ako je omogućeno

Možemo vas prepoznati kao klijenta što omogućava prilagođene usluge, sadržaj i oglašavanje, učinkovitost usluga i prepoznavanje uređaja za veću sigurnost
Možemo poboljšati vaše iskustvo na temelju vaše prethodne sesije
Možemo pratiti vaše preferencije i personalizirati usluge
Možemo poboljšati performanse internetske stranice.


Ako je onemogućeno

Nećemo moći zapamtiti vaše prethodne sesije, što će nam onemogućiti da internetsku stranicu prilagodimo vašim željama
Neke značajke možda neće biti dostupne i korisničko iskustvo bez kolačića će biti lošije


Strogo nužni znači da se osnovne funkcije internetske stranice neće aktivirati bez njihove upotrebe. Budući da su ovi kolačići ključni za pravilan rad i sigurnost usluga internetskog mjesta, ne možete odustati od korištenja ovih tehnologija. I dalje ih možete blokirati u svom pregledniku, ali to može uzrokovati greške u djelovanju osnovnih funkcija internetske stranice.

  • Postavljanje zaštite privatnosti
  • Sigurna prijava
  • Sigurna veza tijekom korištenja usluga
  • Ispunjavanje obrazaca

Analitika i tehnologije praćenja performansi za analizu načina na koji koristite internetsku stranicu.

  • Najgledanije stranice
  • Interakcija sa sadržajem
  • Analiza grešaka
  • Ispitivanje i mjerenje različitih učinkovitosti dizajna

Internetska stranica može koristiti tehnologije trećih strana za oglašavanje i marketing.

  • Promoviranje naših usluga na drugim platformama i internetskim stranicama
  • Mjerenje učinkovitosti naših kampanja