Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices ContributingThe group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth about $7.8 billion as of year-end. Jan 31, 2025, 3:26 p.m. UTCTether, the crypto company behind the largest stablecoin USDT, said on Friday it generated $13 billion group-wide net profits last year in a record-breaking year.Some $7 billion of the profits derived from the firm's vast U.S. Treas...