Tether Buys 8,888.88 BTC, Lifting Reserves Above 96,000 BTC

Tether added 8,888.88 BTC to its treasury wallet as part of its Q4 2025 profit allocation, CEO Paolo Ardoino said, a transfer worth roughly $780 million that brings the company’s holdings above 96,000 BTC.

The purchase continues a policy introduced in 2023 that allows Tether to allocate up to 15% of realized quarterly operating profits to bitcoin, effectively making the stablecoin issuer a systematic accumulator rather than an opportunistic buyer.

Tether’s ability to buy stems from profits tied to the cash-like assets backing USDT — primarily short-term U.S. Treasuries and repos — meaning higher rates and strong stablecoin demand can translate into larger bitcoin allocations.

Unlike corporations that raise capital specifically to buy BTC, Tether uses excess earnings to diversify its reserves without touching the assets that back its stablecoin liabilities, while retaining most backing in highly liquid instruments.

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

Key Topics

Crypto, Bitcoin, Tether, Stablecoin, Treasury, Markets