Key Highlights:
  • Tether moved 961 BTC (≈$97M) from Bitfinex to its reserve wallet.

  • Its total bitcoin holdings now exceed 87,000 BTC, worth around $8.9B.

  • The move fits Tether’s ongoing diversification and profit-allocation plan.

New Bitcoin Added to Tether’s Reserve Wallet

Tether has reportedly added another 961 BTC to its bitcoin reserves, worth around $97 million, according to data from Arkham and Nansen. The transaction originated from a Bitfinex hot wallet, moving the funds to an address associated with Tether’s main bitcoin reserve.

Total Holdings Near $9 Billion

This latest transfer brings Tether’s total BTC holdings to 87,296, with an estimated market value of $8.9 billion. While it’s unclear whether these were newly purchased or transferred existing reserves, the activity aligns with Tether’s ongoing accumulation strategy since 2022.

Part of a Broader Diversification Strategy

Tether allocates 15% of its quarterly net profits toward bitcoin purchases. It also holds over $135 billion in U.S. Treasurys and earned $10 billion in profits in the first three quarters of 2025. The company continues expanding into sectors like AI, telecom, and bitcoin mining while developing a U.S.-regulated stablecoin (USAT) to complement USDT.

Largest Stablecoin and Major BTC Holder

USDT remains the world’s largest stablecoin, with a total supply of $183 billion. Tether’s holdings make it one of the top private bitcoin holders globally, behind only Block One and MicroStrategy, according to Bitcoin Treasuries data.

Read the full article on theblock.