Tether Boosts Bitcoin Reserves by $70 Million, Surpassing 97,000 BTC

In a recent move, Tether, the entity behind the prominent stablecoin USDT, has expanded its bitcoin reserves by an additional $70 million. This increase is part of the company's ongoing strategy to reinvest a portion of its earnings into BTC. According to data from Arkham Intelligence, 951 BTC were transferred from Bitfinex to a wallet designated for Tether's BTC reserves, a wallet previously confirmed by CEO Paolo Ardoino. This brings the total holdings in the wallet to 97,141 BTC, valued at approximately $7.16 billion at current market prices, positioning Tether as one of the largest holders of bitcoin globally. The purchase is in line with Tether's 2023 policy to allocate up to 15% of its operating profits into bitcoin, utilizing earnings from its core business rather than raising capital specifically for crypto investments. With a market capitalization of around $185 billion, USDT remains the largest stablecoin. Tether reported over $10 billion in net profit for 2025, driven by the growth of USDT and increased income from U.S. Treasury holdings. The company's reserves are predominantly composed of cash-like assets, including up to $141 billion in U.S. government debt exposure, and it holds $6.3 billion in excess reserves against $186.5 billion in liabilities, providing a buffer for its issued tokens. In addition to U.S. Treasuries, Tether has been diversifying its portfolio with alternative assets, including $17.4 billion in gold, as outlined in its latest report.