{"id":20041,"date":"2025-04-01T13:33:42","date_gmt":"2025-04-01T13:33:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20041"},"modified":"2025-04-01T13:33:42","modified_gmt":"2025-04-01T13:33:42","slug":"tether-bought-8888-bitcoin-in-q1-for-735m-total-holdings-rise-to-92-6k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20041","title":{"rendered":"Tether Bought 8,888 Bitcoin in Q1 for $735M; Total Holdings Rise to 92.6K"},"content":{"rendered":"<div>\n<p>Stablecoin issuer Tether <a href=\"https:\/\/x.com\/paoloardoino\/status\/1907043798942617937\" target=\"_blank\">increased its bitcoin holdings<\/a> to 92,646 BTC, adding 8,888 BTC for $735 million in the first quarter of 2025.<\/p>\n<p>The company is staying true to its plan to put 15% of its profits each quarter into additional bitcoin purchases. Its current bitcoin stack is worth $7.7 billion at bitcoin&#8217;s current price just above $83,000.<\/p>\n<p>Tether&#8217;s USDT stablecoin is  the world&#8217;s largest with a $143 billion market cap. The <a href=\"https:\/\/www.coindesk.com\/business\/2025\/01\/30\/tether-reports-usd13b-profit-for-2024-with-rising-bitcoin-gold-prices-contributing#:~:text=USDT%20Issuer%20Tether%20Reports%20%2413,Bitcoin%20(BTC)%20Price%20Appreciation%20Contributing\" target=\"_blank\">company raked in<\/a> $13 billion in profits last year, mostly from interest on its vast holdings of U.S. Treasuries backing USDT.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stablecoin issuer Tether increased its bitcoin holdings to 92,646 BTC, adding 8,888 BTC for $735 million in the first quarter of 2025. The company is staying true to its plan to put 15% of its profits each quarter into additional bitcoin purchases. Its current bitcoin stack is worth $7.7 billion at bitcoin&#8217;s current price just [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20041","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20041"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20041\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}