Tether Amplifies Bitcoin Reserves Amid Market Downturn

In a notable move, Tether has increased its Bitcoin holdings significantly, adding 8,888 BTC to its portfolio in the first quarter of 2025. This investment, valued at approximately $735 million, follows a challenging period for the crypto market where Bitcoin’s value decreased by 12% due to recent downturn. Tether’s strategy reflects their continued commitment to expanding their Bitcoin reserves, aligning with their stated plan to allocate 15% of quarterly profits towards BTC purchases.