Tether Expands Bitcoin Holdings to 92,646 BTC, Adding 8,888 BTC in Q1 2025
Tether, the world’s leading stablecoin issuer, has boosted its bitcoin reserves to 92,646 BTC, following the acquisition of 8,888 BTC for $735 million in the first quarter of 2025. This aligns with the company’s ongoing strategy, which has seen it commit 15% of its quarterly profits to purchasing additional bitcoin as a reserve asset—a plan it has adhered to since May 2023.
Currently, Tether’s bitcoin holdings are valued at approximately $7.7 billion, based on bitcoin’s price just above $83,000. As the issuer of USDT, the largest stablecoin by market capitalization at $143 billion, Tether continues to diversify its portfolio, with profits largely stemming from interest on its substantial U.S. Treasuries holdings.
In 2024, Tether generated $13 billion in profits, with a significant portion of these earnings derived from its substantial reserve of U.S. government bonds backing the USDT stablecoin.
