Tether, a stablecoin provider, said that it will buy Bitcoin using 15% of its net realized operational earnings.

Tether described its investment strategy in a statement issued on May 17, highlighting its emphasis on using realized gains.

To ensure that only actual profits from its activities would be taken  into account, the corporation made it clear that any unrealized capital  gains coming from price rises would be discarded.

As of the end of March 2023, the corporation had almost $1.5 billion in BTC in its reserves.

Tether, in contrast to institutional investors, adopts a different  strategy and holds onto the private keys linked to its Bitcoin holdings.