Tether used some of its profits to buy about 52,670 Bitcoins in Q1, 2023. The stablecoin issuer could outpace MicroStrategy if it sustains accumulation strategy and pace. Tether accrues interest on US treasuries while paying their depositors 0%. Tether used some of its profits to buy about 52,670 Bitcoins in Q1, 2023. Samson Mow, CEO The post Tether Buys 52,670 Bitcoins in Q1, Set To Outpace MicroStrategy appeared first on Coin Edition .