TLDR
- On the final day of Q1 2025, Tether finalized the purchase of 8,888 BTC, totaling $735 million.
- Currently, Tether's Bitcoin reserves are estimated to be between 92,647 and 100,521 BTC, carrying a total worth ranging from $7.64 billion to $8.29 billion.
- With this acquisition, Tether emerges as the world's sixth-largest Bitcoin holder and the second-largest among private businesses in Bitcoin ownership.
- Tether is making good on its pledge from May 2023 to dedicate 15% of its profits toward expanding its Bitcoin portfolio.
- Having a market cap of $144 billion, Tether dominates the stablecoin industry, overseeing 61% of the market share.
Tether, the powerhouse behind the USDT stablecoin, has enhanced its Bitcoin portfolio by securing 8,888 BTC, valued at $735 million, on the last day of Q1 2025. This bold move followed a significant 12% downturn in Bitcoin's price during the quarter, marking one of its most challenging periods in seven years.
The latest acquisition has bolstered Tether’s total Bitcoin assets to a figure speculated to be between 92,647 BTC and up to 100,521 BTC by some reports, valued at between $7.64 billion and $8.29 billion at the current price levels.
Data from Arkham Intelligence Information indicates that the transaction involved funds being moved from Bitfinex, Tether's affiliated exchange, at 20:58 UTC on Monday, further solidifying Tether’s standing in the crypto sector.
This recent addition aligns with Tether’s announced strategy from May 2023 to channel 15% of its quarterly profits into Bitcoin procurement. This ongoing plan is designed to fortify Tether's resource pool with consistent Bitcoin purchases.
Tether’s swelling Bitcoin accumulation propels it to the sixth spot globally in Bitcoin ownership while standing as the second-largest private entity in this space, trailing only Block.one.
Tether has just rolled out its official report for Q4 2024.
Highlights as of 31st December 2024:
– $13.7 billion profit for year 2024
– $6 billion profit for Q4 2024
– Direct and indirect holdings valued at $113 billion
– Excess reserves of stablecoins estimated at $7 billion, marking a 36% rise from the previous year,… https://t.co/izYONstKuF— Paolo Ardoino 🤖 (@paoloardoino) January 31, 2025
Only a handful of entities possess more Bitcoin than Tether, including major players like Strategy (previously known as MicroStrategy) and key U.S. Bitcoin spot ETF issuers such as BlackRock, Fidelity, and Grayscale.
Market Analysis
Tether’s prior engagement with Bitcoin occurred in December 2024, during which it secured 8,404 BTC. This elevated its holdings to a total of 83,759 BTC at that milestone.
Based on data from Spot On Chain, Tether has unrealized gains totaling approximately $3.86 billion from its Bitcoin endeavors, signaling the effectiveness of its acquisition strategy even amidst turbulent market conditions.
USDT issuer #Tether acquired 8,888 $BTC ($735M) in Q1 2025!
In May 2023, Tether laid out plans to funnel 15% of its profits each quarter toward #Bitcoin procurements for its yield, with Bitcoin acquisitions happening progressively through the quarter and finalized at quarter’s end.
Currently, Tether's… pic.twitter.com/yGBPEyqLuz
— Spot On Chain (@spotonchain) April 1, 2025
Besides its Bitcoin expansions, Tether has minted a fresh $1 billion worth of USDT on the Tron network. Paola Ardoino, Tether's CEO, clarified that this transaction represents authorized but not yet released USDT, meant to be held in reserve for future demands.
Tether has generated $8 billion worth of USDT on the Tron network since 2025's initiation, with a broader record of producing $22 billion on Tron throughout the last year.
Tether Tether successfully secures its position as a leader in the stablecoin market with a $144 billion market cap, accounting for 61% of the total market sector valued at roughly $234 billion.
The closest competitor, USD Coin (USDC), boasts a market capitalization of $60 billion, showcasing Tether's continued dominance as its valuation is more than double this amount. Tether’s In its Q4 2024 report, Tether declared a milestone profit of $13.7 billion over the past year, maintaining $7 billion in surplus stablecoin holdings to ensure every USDT is completely backed.
Expanding beyond cryptocurrencies, Tether also diversifies its investments. As of March 27, the company increased its stake in Adecoagro, a major agricultural player in Latin America, to 70% ownership. Moreover, Tether is planning to obtain a 30% share in Be Water, an Italian media enterprise.
Tether made headlines in traditional finance by ranking as the seventh-largest buyer of U.S. Treasury securities in 2024, with a $33.1 billion stake, positioning it above nations such as Canada, Mexico, and Germany.
The present price of Bitcoin rests at $83,112, reflecting a modest 1.94% surge amidst increased market volatility. Despite the recent downturns, Tether's ongoing acquisition of Bitcoin underscores its sustained belief in the cryptocurrency's long-term potential.
Maisie has built a robust career as a journalist in the Crypto & Financial news sphere, contributing her writing to outlets like Moneycheck.com, level-up-casino-app.com, and Computing.net, and she currently leads as Editor in Chief at Blockfresh.com
