'Asia's MicroStrategy' Metaplanet And Tether Announce Major Bitcoin Purchases

Stablecoin issuer Tether (CRYPTO: USDT) and Japanese firm Metaplanet Inc. have significantly increased their Bitcoin (CRYPTO: BTC BTC - $82973.245 reserves in the first quarter of 2025, reflecting a growing corporate trend of cryptocurrency investment. What Happened: Tether acquired 8,888 Bitcoin for approximately $735 million, bringing its total holdings to 92,646 BTC BTC - $82973.245 valued at $7.8 billion as of April 1.

Source: benzinga.com

Related symbols: BTCUSD

2025-04-01 12:12:05 GMT.

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Price & Market Data

Price: $82973.245

Volume 24h: $43,886,598,314.96

Market Cap: $1,646,734,970,247.67

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,846,578. The last known price of Bitcoin is 83,162.94576799 USD and is up 1.55 over the last 24 hours. It is currently trading on 12006 active market(s) with $43,228,156,653.08 traded over the last 24 hours. More information can be found at https://bitcoin.org/.