Just like Microstrategy, tether is planing to be investing more on bitcoin. But unlike Microstrategy, we do not know how bitcoin maximalist they are yet.
One thing to learn from us that they stated that they are putting it into a self custody wallet. As a person or organization, there is nothing better than to have your keys and your coins. This means a lot to me and to people that prefer self custody.
Tether has $.15 billion in bitcoin. That is 2% of their total reserves. 85% of their total reserves are is in cash, cash equivalents and other short-term deposits, primarily treasure bills.
https://cointelegraph.com/news/tether-to-buy-bitcoin-based-on-monthly-net-profitsBitcoin will be a coin that the organizations will depend on. More organizations will see that bitcoin offers value more than fiat, but they need to understand why and how.