Tether adds 951 BTC to reserves as USDT ‘quasi-sovereign’ balance sheet swells

USDT issuer Tether quietly turned its Bitcoin reserve wallet into a $7.2b war chest, built by funneling 15% of profits into BTC as USDT’s balance sheet goes quasi-sovereign. Tether has added another 951 BTC, worth roughly $70.47m, to its dedicated…