In Q1, Tether Purchased 8,888 BTC for $735M, Bringing Its Total Holdings to 92.6K.

Tether Increases Bitcoin Holdings to 92,646 BTC with $735M Purchase in Q1 2025

Tether, the dominant stablecoin issuer, has expanded its bitcoin reserves to a total of 92,646 BTC, after purchasing 8,888 BTC for $735 million during the first quarter of 2025. This acquisition follows the company’s strategic plan to allocate 15% of its quarterly profits into bitcoin purchases, a strategy it has followed since May 2023.

At the current price of bitcoin, just above $83,000, Tether’s bitcoin holdings are now valued at approximately $7.7 billion. With USDT holding the title as the world’s largest stablecoin by market cap—valued at $143 billion—the company continues to leverage its strong position in the cryptocurrency market.

In 2024, Tether generated a substantial $13 billion in profits, primarily from the interest earned on its extensive U.S. Treasury holdings that back its USDT stablecoin. This latest bitcoin purchase solidifies Tether’s commitment to diversifying its reserves and further integrating bitcoin into its asset base.