Tether Adds 8,888 Bitcoin in Q1 2025, Raising Total Holdings to 92,646 BTC

Tether, the leading stablecoin issuer, has increased its bitcoin holdings by 8,888 BTC in the first quarter of 2025, bringing its total reserves to 92,646 BTC. This $735 million purchase is part of Tether’s ongoing strategy to allocate 15% of its quarterly profits into bitcoin, a practice it adopted in May 2023.

With bitcoin currently priced above $83,000, the company’s total bitcoin stash is valued at approximately $7.7 billion. As the issuer of the world’s largest stablecoin by market capitalization—currently standing at $143 billion—Tether has been able to generate substantial profits, including $13 billion in 2024, largely derived from interest earned on its extensive U.S. Treasury holdings backing USDT.

This strategic acquisition of bitcoin underscores Tether’s continued commitment to strengthening its reserve assets and diversifying its portfolio.