Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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Who is John Galt?
on 01/08/2023, 15:31:46 UTC
⭐ Merited by JayJuanGee (1) ,Hueristic (1) ,vapourminer (1) ,d_eddie (1)
Quote from: fillippone on Today at 03:14:53 PM
Quote from: Out of mind on Today at 02:57:57 PM
Tether bought 2,310 #BitcoinBTC ($70mn) in Q2, raising stacks from 52,698 #Bitcoin ($1.5bn) in Q1 to 55,008 #Bitcoin  ($1.67bn).

Despite the declared purpose earlier this year of investing 15% of profits in #Bitcoin data shows they've invested only 7% !
Source


Interesting.
I noticed from their statement they missed their purchase goal, but I wasn’t able to dig further.

Can you point the exact document where you saw those exact numbers?

He is unlikely to respond, he usually only copies pictures and texts from Twitter.

And this table appears to be taken from a BDO audit report dated yesterday. The full report can be read here https://assets.ctfassets.net/vyse88cgwfbl/63oJePOHqIvrcnXWMPZ1M0/4cfaf2e7cdf80c30b17fdc70faaf741f/ESO.03.01_Std_ISAE_3000R_Opinion_30-06-2023_BDO_Tether_CRR.pdf.