Tether, the stablecoin issuer, reported a record net profit of $4.52 billion in the first quarter of 2024. The profits were driven by interest earned from US Treasuries, Bitcoin, and gold holdings. Tether also plans to invest 15% of profits back into Bitcoin.
Implications Of Tether’s Record Profits For The Crypto Market via @forbes https://t.co/oGdirCrqMa
🚀📈 Tether smashed records with a $4.5 billion Q1 profit, further cementing its lead in the stablecoin market. How does upcoming regulation play into this? https://t.co/yHVmWYQIgo
#Tether Q1 2024 Attestation DIscloses Record $4.52 Billion in Profits #USDT https://t.co/2ICjXLp1hW
#Tether Q1 2024 Attestation Reveals Record $4.52 Billion in Profits #USDT https://t.co/2ICjXLp1hW
Tether’s Record $4.5 Billion Q1 Profit Highlights Its Dominance of the Stablecoin Industry 💰@Tether_to's massive profits were due mostly to gains on its holdings of #bitcoin and gold. How will the leading stablecoin issuer fare if new US regulations come into play? @httpsageyd… https://t.co/mf2A3TTuVh
💰@Tether_to's massive profits were due mostly to gains on its holdings of #bitcoin and gold. How will the leading stablecoin fare if new US regulations come into play? @httpsageyd reports 🗞️ Read more: https://t.co/R700Bj7vAz
Tether’s Record $4.5 Billion Q1 Profit Highlights Its Dominance of the Stablecoin Industry 💰@Tether_to's massive profits were due mostly to gains on its holdings of #bitcoin and gold. How will the leading stablecoin fare if new US regulations come into play? @httpsageyd reports… https://t.co/qRR7kTRKqW
Tether’s Record $4.5 Billion Q1 Profit Highlights Its Dominance of the Stablecoin Industry https://t.co/3YGFMjfpEQ 💰@Tether_to's massive profits were due mostly to gains on its holdings of #bitcoin and gold. How will the leading stablecoin fare if new US regulations come into… https://t.co/ewa6Kb3PQn
🗞️ Crypto News Tether Holdings, the issuer of the leading stablecoin by market capitalization, Tether (USDT), has announced a record-breaking net profit of $4.52 billion in the first quarter of 2024. 🔗 https://t.co/ugZ1yklXos #CryptoNews
tether fudders since 2016 likely haven’t made their first million yet when Tether’s 2024 first Q profit is 4.5 Billion @paoloardoino the team are true manifestation of ultra anti fragile cypher punks https://t.co/P3wiMAi5IN
#Tether records $4.5bn in profits for Q1 2024 💰💰💰 Do you hold $USDT? 💸 Click below for more info ℹ️⬇️ https://t.co/kgliLR4i2b https://t.co/zt6o5ueKhg
❖ CRYPTO COMPANY TETHER SAYS IT MADE $4.5 BILLION IN PROFIT LAST QUARTER Tether, the company behind the worlds most-traded crypto currency, said it generated a $4.5 billion profit in the first quarter of 2024 in its latest unaudited quarterly reserves report. The company said…
Tether pulls in $4.52B in Q1 profits. Story on @deepnewsbot -- see all your top news and personalized news there https://t.co/dAG675Miya https://t.co/ILlnpPZYox https://t.co/s5tFb7ykJ8
Tether has landed one of the best businesses in the world. Pay 0% on billions of dollars of deposits and earn 5%+ on Treasuries. $4.52bn in profit in Q1. @deepnftvaluebot https://t.co/SqfDCiDDms
🚨 NEWS: @Tether_to, the company behind $USDT, reports a net profit of $4.52 billion for Q1 2024. https://t.co/3BxdbksMsS
Tether Netted $4.52 Billion Q1 Profit Thanks To Bitcoin Gains ► https://t.co/HzaHqHBW01 https://t.co/HzaHqHBW01
🔥 Tether's net profit for the fourth quarter reached a record $4.5 billion. According to the report, the issuer earned about $1 billion through operating profit, primarily as interest income from U.S. Treasury obligations. The volume of direct investments in these instruments… https://t.co/OistWPstUp
There is one company in crypto that is still printing money 💸 Tether reported their Q1 earnings and they made a record breaking 4.5bn in profit. Their previous ATH was $2.85bn in Q4 last year. Per employee, they must be one of the most profitable companies in the world! 🤯
Tether’s war chest keeps growing… +$1B in a single quarter. https://t.co/5pqxy251Ae
"Tether tallied an all-time high net profit of $4.52 billion in the first quarter, according to a Wednesday attestation report by auditing firm BDO." Previously Tether quoted they would allocate up to 15% realized profits back into BTC start of each new quarter If so, then… https://t.co/mh5gGO3YYC
Tether, the operator of the largest stablecoin, said it had record net profit of $4.52 billion in the first quarter, largely driven by interest earned from its holdings of US Treasuries and appreciation in Bitcoin and gold. https://t.co/B2lIKlAeZ4
Tether had a profit of $4.52B in Q1 2024. They say they will invest 15% of profits into Bitcoin up to $678M. This is on top of their BCI investments. Illuminati stays winning. When will Tether sell passports, let’s all move to the Isle of Tether. https://t.co/lLcMARWHmr
#Tether posts profits of 4.52bn for Q1 2024 https://t.co/l5nwTfADhM
Just In 🚨 Tether now holds 92,586 BTC worth $5.37 billion. It's now among the top 10 BTC holders. https://t.co/vgFlLVAddp
Another quarter, another record net profit for stablecoin giant Tether https://t.co/vXdkJM085b
JUST IN: Tether reported a $4.52 BILLION Profit for Q1, 2024. https://t.co/xjnSmCbqOs
USDT issuer Tether set a new record after making $4.5 billion in net profits during the first quarter of 2024 https://t.co/BkolcH3K6P