Tether Purchased 8,888 Bitcoin in Q1 for $735M; Whole Holdings Rise to 92.6K

Markets, Tether, Bitcoin The big stablecoin issuer funnels 15% of quarterly income into BTC as a reserve asset, a method in place since May 2023. 

Stablecoin issuer Tether increased its bitcoin holdings to 92,646 BTC, including 8,888 BTC for $735 million within the first quarter of 2025.

The firm is staying true to its plan to place 15% of its income every quarter into extra bitcoin purchases. Its present bitcoin stack is price $7.7 billion at bitcoin’s present worth simply above $83,000.

Tether’s USDT stablecoin is the world’s largest with a $143 billion market cap. The company raked in $13 billion in income final yr, principally from curiosity on its huge holdings of U.S. Treasuries backing USDT.

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