From Investing.com:

Tether (USDT) now holds 66,465 BTC, making it the world’s 11th largest holder of cryptocurrency. The Bitcoin reserves are valued at $2.79 billion, signaling Tether’s strong financial position. In a recent report, Tether revealed its substantial Bitcoin holdings, which have appreciated to realize profits of over $1.11 billion. The company also disclosed an excess reserve of $3.2 billion, exceeding the total value of its stablecoin in circulation, providing reassurance to USDT users about stability and reliability.



Read more: Tether becomes eleventh-largest Bitcoin holder with $2.79 billion in BTC By Investing.com