Tether, the company behind the world's largest stablecoin USDT, has made a new Bitcoin purchase. Accordingly, Tether bought 7,629 BTC worth $705.25 million from Bitfinex after remaining inactive for 9 months. Following its latest purchase, Tether holds 82,983 BTC worth $7.7 billion at an average price of $36,125. Tether last purchased Bitcoin in the first quarter. *This is not investment advice. Continue Reading: Tether (USDT) Purchased New Bitcoin! Here's the Amount of BTC in Hand!