Tether has decided to invest 15 percent of regular profits into purchasing Bitcoin and strengthening its reserves. After Q1 of 2023, Tether disclosed an all-time high reserve of $2.44 billion (roughly Rs. 20,128 crore). The company also showed that its BTC holdings currently stand at $1.5 billion (roughly Rs. 12,375 crore).

source https://www.gadgets360.com/cryptocurrency/news/tether-15-percent-profits-bitcoin-aims-diversity-reserves-crypto-4045000#rss-gadgets-all