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Tag: tether bitcoin reserves

USDT issuer Tether buys 8,888 Bitcoin worth $1 billion

The post USDT issuer Tether buys 8, 888 Bitcoin worth $1 billion appeared com. Today, which is also the last day of Q3, 2025, Tether added another block of Bitcoin to its reserves in Q3 2025. According to market watchdogs, the USDT issuer has moved a cool $1 billion into 8, 888. 889 BTC, marking one of the largest inflows recorded in 2025 for the stablecoin issuer. Spotted by Onchain Lens, the transfer went directly from Bitfinex hot wallets to Tethers reserve address. This fits into a bigger pattern that can be seen in the on-chain history. Just In: Tether (@Tether_to) has bought 8, 888. 889 TC worth $1B, on the last day of Q3 2025. Address: bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4 Data @nansen_ai pic. twitter. com/5GwX50ZXou Onchain Lens (@OnchainLens) September 30, 2025 Over the past two years, the company that issues USDT has repeatedly moved blocks of Bitcoin worth between $700 million and $1. 4 billion into its reserves. This often occurs during periods of market tension, which could also be attributed to the current state of the crypto market. Tether is now the sixth-largest BTC wallet. Since Tether announced in May 2023 that it would regularly use 15% of company profits to purchase Bitcoin for reserves, the last time they withdrew BTC was on the last day of Q1. Currently, their BTC reserve address holds 86, 335 BTC worth $9. 75 billion, making it the sixth-largest BTC wallet. With Q3s purchase, the amount of Bitcoin on the balance sheet increased by about 11%, keeping it well ahead of gold and approaching a 10% share. Calculated at the price when they withdrew from the exchange, the average purchase price of these BTC is about $48,542. This means they are currently sitting on an unrealized profit of as much as $5. 5 billion. Tethers $115. 2 billion market cap provides unmatched liquidity, enabling institutions to leverage USDT for yield generation and cross-chain transactions. Meanwhile, Tethers balance sheet shows.