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reserves
In general, **reserves** refer to resources that are kept back or set aside for future use. In different contexts, the term can have specific meanings:
- **In finance or accounting**, reserves are portions of profits or funds set aside to cover future liabilities, losses, or specific purposes (such as a capital reserve or a revenue reserve).
- **In natural resources**, reserves describe the quantity of a material—such as oil, minerals, or gas—that is known to exist and can be extracted economically with current technology.
- **In general usage**, reserves can also refer to supplies or assets held for emergency or backup situations.
Tether Adds $97 Million in Bitcoin, Expanding Its Holdings to 87 000 BTC
Stablecoin issuer Tether has made another major Bitcoin purchase, acquiring 961 BTC worth approximately $97.3 million. This marks the company’s first large-scale acquisition since September and further solidifies its...
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