๐๐๐ง๐๐ฆ๐ง: ๐ง๐ฒ๐๐ต๐ฒ๐ฟ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ $๐ฐ.๐ฑ๐ฎ ๐๐ถ๐น๐น๐ถ๐ผ๐ป ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐ ๐ณ๐ผ๐ฟ ๐ค๐ญ ๐ฎ๐ฌ๐ฎ๐ฐ, ๐๐ผ๐ผ๐๐๐ฒ๐ฑ ๐ฏ๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฎ๐ป๐ฑ ๐๐ผ๐น๐ฑ
Tether Holdings, the creator of the leading stablecoin USDT, has announced a staggering net profit of $4.52 billion for the first quarter of 2024, showcasing a robust financial performance. This remarkable profit includes about $1 billion from operations related to U.S. Treasury holdings and $3.52 billion from market-to-market gains on Bitcoin and gold positions. Additionally, the companyโs net equity surged to $11.37 billion as of March 31, up from $7.01 billion at the end of December 2023, according to their latest attestation report.