Tether Acquires Significant Bitcoin Holdings, Increases Reserves to 92,647 BTC

Tether, a major cryptocurrency stablecoin issuer, recently purchased $735 million worth of Bitcoin (BTC) in the first quarter of 2025. This transaction has significantly bolstered its holdings and brings Tether’s total Bitcoin reserves to 92,647 BTC, surpassing the $7.6 billion mark based on current market values. This move aligns with Tether’s established strategy to allocate up to 15% of quarterly profits towards Bitcoin purchases for reserve diversification.