Tether Buys 8,888 BTC, Pushing Holdings Past 96,000

Tether added 8,888.88 BTC to its treasury wallet as part of its Q4 2025 profit allocation, bringing its holdings above 96,000 BTC, CEO Paolo Ardoino said.

The transfer was worth roughly $780 million at current prices.

The purchase follows a 2023 policy to allocate up to 15% of realized quarterly operating profits to bitcoin, turning Tether into a systematic accumulator rather than an opportunistic buyer.

Tether’s profits are tied to the cash-like assets that back USDT—primarily short-term U.S. Treasuries and repos—so higher rates and strong stablecoin demand can translate into more operating profit and, by extension, more bitcoin purchases.

The company uses excess earnings to diversify reserves without touching the assets that back its stablecoin liabilities, while keeping the bulk of backing in highly liquid instruments.

The move comes as bitcoin has struggled to sustain year-end rallies and liquidity thinned; BTC was trading around $89,000 by mid-day Hong Kong time.

Key Topics

Crypto, United States, Bitcoin, Tether, Stablecoin, Treasury, Markets