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Tether adds $70 million in bitcoin to reserves, bringing holdings above 97,000 BTC The USDT stablecoin issuer has now accumulated over $7.1 billion in bitcoin as part of its strategy to recycle up 15% of its profit into $BTC $COS $ENJ
STRATEGY JUST PULLED OFF BACK-TO-BACK BILLION-DOLLAR DAYS BUYING BITCOIN.
Strategy’s STRC ATM cleared roughly $2.74 BILLION in just 48 hours, which Bitcoin Magazine says implies ~29,914 BTC absorbed in TWO trading sessions.
That is over 2X last week’s pace in 40% of the time. Michael Saylor built a machine that can vacuum up MORE THAN A MONTH of mined BTC in basically a day when demand shows up.
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