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They have announced a while back they will keep some of their company profits in BTC.

https://www.coindesk.com/business/2023/05/17/tether-says-it-will-buy-bitcoin-for-stablecoin-reserves-using-realized-profits/

I have always known they would keep strong assets in their porfolio to back up the value of their reserves and mantain their coin stability as well

Well, also because BTC is and will continue to be #1 in digital finance. By the way, I'm sharing useful information (screenshot): BTC vs ETH new users (new wallets with transactions). I believe that in the near future, the number of wallets for BTC will increase exponentially. And the asset itself will likely show a new ATH.

Divesh-Pincha Автор вопроса

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