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Tether has acquired 7,629 BTC worth $705 million, increasing their Bitcoin holdings to 82,983 BTC valued at $7.68 billion. Tether plans to allocate 15% of profits to acquiring more Bitcoin. Regulatory pressure in the EU on USDT may affect Tether’s operations, but compliance concerns may be overstated according to experts. Tether CEO reassures the community about the safety of USDT.
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