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Tether Reveals Next Big Plan for Bitcoin
In a recent move that has sent shockwaves through the cryptocurrency market, Tether has made its next big plan for Bitcoin clear. The company, which has been actively accumulating BTC units over time, has announced a massive purchase of 8,888 new Bitcoin at the beginning of Q2, 2025.
This significant development brings Tether’s total holdings to an impressive 92,646 BTC units, with an average price of $82,591.34 per unit. While some market watchers have categorized this move as part of Tether’s “buy-the-dip” strategy, the true implications of this plan remain to be seen.
Moreover, a recent statement by Gabor Gurbacs, a prominent executive at Tether, further underscores the company’s commitment to Bitcoin. According to reports, Gurbacs has voiced his expectations that Bitcoin will experience a significant surge in market capitalization over the coming years.
This development comes as no surprise, given the increasingly positive sentiment surrounding Bitcoin in recent times.
Source: https://u.today/tether-reveals-next-big-plan-for-bitcoin
