Tether has added $70 million worth of Bitcoin to its reserves, bringing total holdings to 97,141 BTC valued at roughly $7.16 billion.
The purchase follows a 2023 policy to allocate up to 15% of realised operating profits into Bitcoin, funded directly from earnings generated by its core stablecoin business.
Blockchain data shows 951 BTC transferred into a wallet identified as Tether’s reserve address, previously confirmed by CEO Paolo Ardoino.
The move places Tether among the largest corporate Bitcoin holders globally, behind only MicroStrategy if treated as a public entity.
Tether reported more than $10 billion in net profit for 2025, driven by growth in its USDT token and income from U.S. Treasury holdings.
Its reserves remain heavily weighted toward cash-like assets, including up to $141 billion in U.S. government debt, alongside $17.4 billion in gold as part of a broader diversification strategy.
The continued Bitcoin accumulation highlights Tether’s approach of reinvesting profits into alternative assets while maintaining a buffer of excess reserves against its liabilities.
At the time of reporting, Bitcoin price was $74,634.42.