Tether, the issuer of the world’s largest stablecoin USDT, has further solidified its position as a significant Bitcoin holder, adding another substantial amount to its reserves in the first quarter of 2025.
â Paolo Ardoino đ¤ (@paoloardoino) April 1, 2025
The company’s purchase of 8,888 BTC in the first three months of 2025 brings its total holdings to a staggering 92,646 BTC, valued at approximately $7.8 billion based on current prices. Â
This makes the stablecoin giant the sixth-largest single-wallet holder of Bitcoin globally, underscoring the growing trend of corporations incorporating Bitcoin into their treasury strategies. Tether has consistently pursued a strategy of accumulating Bitcoin, demonstrating a long-term conviction in the digital asset.
As part of this strategy, Tether has committed to allocating 15% of its net profits each quarter towards the purchase of Bitcoin, further bolstering its reserves. In the last quarter of 2024, it added 7,628.92 BTC to its portfolio.Â
Interestingly, Tether’s latest Bitcoin accumulation occurred during a period of market volatility. Bitcoin prices experienced a nearly 12% decline throughout the first quarter of 2025. Despite this downturn, Tether reported a substantial $3.86 billion in unrealized gains from its existing Bitcoin investments, showcasing the potential upside of holding the asset even amidst price fluctuations. Â
While companies like Strategy have become well-known for their significant Bitcoin holdings, Tether’s consistent and substantial purchases further illustrate the appeal of Bitcoin as a store of value and a potential hedge against inflation for corporate treasuries.
This news comes on the heels of a previous report detailing Tether’s broader diversification efforts into various sectors. As we previoulsy reported, Tether has been aggressively expanding its investment portfolio beyond stablecoins, with recent ventures into media (acquiring a stake in Italian media company Be Water), artificial intelligence (developing AI applications), and agriculture (increasing its stake in Adecoagro). This multi-pronged investment strategy suggests a long-term vision for Tether that extends beyond its role as the leading stablecoin issuer.