The stablecoin powerhouse boosts its balance sheet in Q2 with 1,529 additional Bitcoin, CTO Ardoino confirms. In a recent confirmation to Bitcoin Magazine, Tether’s Chief Technology Officer, Paolo Ardoino, announced that the company, known for its pioneering stablecoin USDT, procured 1,529 Bitcoin (BTC) in Q2 2023, costing around $45.4 million. This move bolsters the company’s Bitcoin portfolio, asserting its ambitions in the flourishing digital currency market. Earlier this year, Tether declared its intention to invest up to 15% of quarterly earnings into Bitcoin, following the footsteps of many institutional investors. This latest move highlights Tether’s commitment to its strategic plan,

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