Tether has accomplished a switch of 8,888.88 BTC—valued at $1 billion—to an deal with labeled as its bitcoin reserve, in keeping with onchain information from Arkham and Nansen.
This transaction, which passed off on the shut of Q3 2025, aligns with Tether’s established sample of accumulating bitcoin at quarter-end.
particulars of the switch
The transferred BTC originated from a Bitfinex scorching pockets, with each corporations sharing the identical father or mother.
Whereas Tether has not publicly confirmed the acquisition, the receiving deal with matches these utilized in prior bitcoin purchases, and the transaction mirrors related strikes made on the finish of earlier quarters.
Tether CEO Paolo Ardoino later appeared to verify the exercise by responding, “yeah” to a publish monitoring the switch.
tether’s bitcoin accumulation technique
Tether started buying bitcoin in September 2022 and introduced in Could 2023 that it could allocate 15% of internet earnings every quarter to bitcoin.
Since then, Tether has steadily expanded its reserves.
If the newest switch is confirmed, the corporate now holds almost 109,410 BTC, valued at roughly $12.4 billion, making it the second-largest recognized non-public bitcoin treasury holder after Block One and third amongst all corporations together with public companies like MicroStrategy.
broader investments and profitability
Tether’s asset base additionally consists of over $127 billion in U.S. Treasurys and greater than 50 tons of gold.
The corporate has diversified into sectors equivalent to synthetic intelligence, telecommunications, and bitcoin mining.
Bitwise CIO Matt Hougan lately steered Tether may grow to be “essentially the most worthwhile firm in historical past,” citing its speedy revenue progress and substantial holdings.
market context and future outlook
Bitcoin’s present worth hovers round $113,500. Tether’s ongoing accumulation technique, coupled with its world stablecoin dominance, positions it as a serious participant within the bitcoin reserve panorama.
The corporate’s bitcoin reserve pockets is now among the many high ten single deal with holders on this planet.