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Tether bought 8,888 bitcoin in Q1, bringing its total holdings to $7.8 billion — the sixth largest in a single wallet

Quick Take Tether acquired 8,888 BTC (worth about $735 million) in Q1 2025, following its reserve strategy. The company is now the sixth-largest holder of bitcoin in a single wallet. Stablecoin issuer Tether purchased an additional 8,888 bitcoin in the first quarter of 2025 for about $735 million, bringing its total holdings to 92,646 BTC, worth roughly $7.8 billion at current prices.The transaction was recorded on April 1, consistent with Tether's pattern of accumulating bitcoin throughout each...

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