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Cointelegraph by Christina Comben

Tether buys 8,888 BTC on New Year's Eve; holdings above 96,000, fifth-largest address

Tether acquired 8,888 BTC on New Year's Eve, lifting its disclosed Bitcoin holdings above 96,000, according to CEO Paolo Ardoino. BitInfoCharts data shows the company's Bitcoin address is now the fifth-largest, behind Binance, Robinhood and Bitfinex. The purchase fits Tether's pattern of allocating up to 15% of quarterly earnings to Bitcoin.
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