Tether to Further Strengthen Reserves Through Purchase of Bitcoin with Realized Net Operating Profits
Tether is planning to allocate up to 15% of its net realized operating profits toward purchasing Bitcoin monthly. The move is aimed at strengthening and diversifying its reserves portfolio. The strategy will only consider tangible gains from operations, excluding unrealized capital gains from price increases. Tether's investment in BTC aligns with its belief in BTC's growth potential and its decentralized nature.
Tether will also invest in building peer-to-peer communication, energy, and Bitcoin mining infrastructure. While this may be perceived as risky given the volatility of the price of BTC, the Company emphasizes adherence to stringent risk management practices to maintain the stability of USDT.
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Tether to Further Strengthen Reserves Through Purchase of Bitcoin with Realized Net Operating Profits
Tether is planning to allocate up to 15% of its net realized operating profits toward purchasing Bitcoin monthly. The move is aimed at strengthening and diversifying its reserves portfolio. The strategy will only consider tangible gains from operations, excluding unrealized capital gains from price increases. Tether's investment in BTC aligns with its belief in BTC's growth potential and its decentralized nature.
Tether will also invest in building peer-to-peer communication, energy, and Bitcoin mining infrastructure. While this may be perceived as risky given the volatility of the price of BTC, the Company emphasizes adherence to stringent risk management practices to maintain the stability of USDT.