
_ron_west - APRonFire
@ronwest
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Tether's CEO, Paolo Ardoino, just announced that the company now holds over 🤜100,000 BTC🤛, valued at more than \$10.6 billion.
That's right—Tether, the issuer of USDT, is now one of the largest Bitcoin holders, rivaling even MicroStrategy.
But wait, there's more! Tether also holds 🤜over 50 tons of gold🤛, worth approximately \$5 billion.
And in a surprising move, Tether announced the relocation of its headquarters to 🤜El Salvador🤛, further cementing its commitment to the crypto space.
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So, if you're wondering where all the Bitcoin is going—look no further than Tether's vaults.🤑 2 replies
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Bitcoin fell out of bed this morning, hit its head on the \$106,500 floor, and mumbled something about "profit-taking."
Meanwhile, Ethereum and XRP just kept sipping espresso, pretending they didn’t see it. 🧘♂️📈
Classic BTC move: Go up, make everyone feel rich, then do a dramatic trust fall with no one catching.
But hey, let’s not panic—if you’ve been in crypto long enough, this is just another Tuesday.
Hold tight, friends. Or as Bitcoin says: "I dip, therefore I am." 🧠💸 3 replies
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