The leading stablecoin provider is channeling 15% of its quarterly earnings into bitcoin as a reserve asset, a practice it’s stuck to since May 2023.
Here’s the rundown:
Tether snapped up 8,888 bitcoin for $735 million in Q1 2025.
The firm’s total bitcoin stash now sits at 92,647 BTC, worth roughly $7.8 billion.
Tether, the stablecoin giant, boosted its bitcoin holdings to 92,646 BTC in the first quarter of 2025, picking up an additional 8,888 BTC for $735 million.
The company remains committed to its strategy of allocating 15% of its quarterly profits to bitcoin buys. At today’s price of just over $83,000 per BTC, Tether’s bitcoin pile is valued at around $7.7 billion.
Its flagship USDT stablecoin dominates the market with a $143 billion market cap. Last year, Tether hauled in $13 billion in profits, largely thanks to interest earned on its hefty U.S. Treasury holdings that back USDT.
