Tether International Limited (Tether), the manager of the popular stablecoin, has unveiled a new investment strategy for its reserves portfolio.

The company will allocate a portion of its net realized operating profits, up to 15%, towards acquiring bitcoin (BTC) on a regular basis.

Holding steady at third

In a statement released on May 17, Tether outlined its investment approach, emphasizing its focus on utilizing realized profits. 

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Author: Sarah Jansen

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