Tether Boosts Bitcoin Holdings by 10% in Q1 2025

Tether, the issuer of the world’s largest stablecoin USDT, has significantly bolstered its Bitcoin holdings by acquiring 8,888 BTC in the first quarter of 2025. This purchase, valued at approximately $735 million, brings Tether’s total Bitcoin holdings to 92,647 BTC, with an estimated value of around $7.64 billion. This strategic move places Tether among the top six largest BTC wallets globally.

The firm’s Bitcoin holdings now sit on an estimated unrealized profit of $3.86 billion, highlighting the substantial gains from its investment strategy. Tether has been consistently acquiring Bitcoin since May 2023, when it announced a commitment to allocate 15% of its quarterly profits to the top digital asset. This strategy involves purchasing Bitcoin throughout the quarter and settling the transactions at the end. Onchain data reveals that Tether has acquired the same amount, 8,888 BTC, each quarter since that announcement.

This Bitcoin acquisition strategy is part of a broader effort by Tether to diversify its reserves, which include gold, cash equivalents, and other short-term assets. By expanding its crypto reserves, Tether aims to enhance the stability and security of its stablecoin, USDT, which is widely used in the cryptocurrency market.

Beyond growing its crypto reserves, Tether is also actively expanding into other industries. On March 31, Tether CEO Paolo Ardoino revealed that the company is scaling its operations in artificial intelligence, telecommunications, and data infrastructure. The firm is currently hiring across these sectors, indicating a significant investment in these areas. Ardoino emphasized that Tether aims to challenge legacy Web2 companies by building decentralized consumer-facing products powered by peer-to-peer technologies. He stated, “Tether’s portfolio of upcoming projects and products is gonna disrupt many legacy Web2 businesses. We focus on real world consumer apps decentralization through peer-to-peer technology.”

In addition to its expansion into new industries, Tether has also made strategic investments in other sectors. Last month, the firm acquired nearly 50 million shares in Adecoagro, a Latin American agribusiness, increasing its ownership to 70%. Adecoagro operates in Argentina, Brazil, and Uruguay and focuses on sustainable agriculture and food production. Furthermore, Tether secured a 30.4% stake in Italian media company Be Water through a €10 million investment involving both capital infusion and equity purchase. These investments demonstrate Tether’s commitment to diversifying its portfolio and expanding its influence beyond the cryptocurrency market.