Why crypto giant Tether is buying gold at rate of 1 to 2 tons per week
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Tether, a crypto giant, is reportedly buying large quantities of gold, with purchases ranging from 1 to 2 tons per week. The company's gold holdings are estimated to be substantial, with some reports suggesting it holds around 140 tons of gold, valued at approximately $20-24 billion. Tether's significant gold buying activity has drawn attention, with some speculating about the implications of its large gold reserves.
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