Tether adds nearly $800 million in bitcoin, bringing holdings above 96,000 BTC

CN
coindesk
Follow
11 hours ago


What to know : Tether added 8,888.88 BTC to its treasury wallet as part of its Q4 2025 profit allocation. The purchase is part of Tether's strategy to use up to 15% of its quarterly profits for bitcoin acquisitions. Tether's approach allows it to diversify reserves without affecting the assets backing its stablecoin liabilities.

Tether began 2026 with adding 8,888.88 BTC to its treasury wallet as part of its Q4 2025 profit allocation, according to CEO Paolo Ardoino.

The transfer, worth roughly $780 million at current prices, reinforces a strategy that has quietly made the world’s largest stablecoin issuer one of bitcoin’s biggest corporate holders.

The purchase follows a policy Tether introduced in 2023 to allocate up to 15% of its realized quarterly operating profits to bitcoin purchases, effectively turning the company into a systematic accumulator rather than an opportunistic buyer.

These accumulations matter because Tether’s profits are directly tied to the cash-like assets backing USDT, primarily short-term U.S. Treasuries and repos. That means higher rates and strong demand for stablecoins can translate into more operating profit and, by extension, more bitcoin purchases.

Unlike corporate buyers that raise capital specifically to buy BTC, Tether’s approach is closer to an internal treasury strategy.

It uses excess earnings to diversify reserves without touching the assets backing its stablecoin liabilities, while still keeping the bulk of its backing in highly liquid instruments.

The timing is also notable. Bitcoin has struggled to sustain rallies into year-end, with liquidity thinning across venues and risk appetite uneven.

BTC was trading around $89,000 by mid-day Hong Kong time.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink