Tether Expands Bitcoin Holdings to Over $8.4 Billion After Acquiring 8,888 BTC
Tether, the issuer of the USDT stablecoin, significantly increased its Bitcoin holdings in the first quarter of 2025. The company acquired 8,888 BTC, which translates to approximately $750 million, based on current market value. Following this purchase, Tether successfully transferred its newly acquired BTC from a Bitfinex address to its own control wallet. According to data from Arkham Intelligence, Tether’s total Bitcoin holdings now amount to 100,521 BTC. This growth illustrates Tether’s commitment to bolstering its position within the cryptocurrency ecosystem, especially as Bitcoin continues to be a valuable asset. Investors should keep an eye on Tetherโs activities as they unfold, as they often reflect broader market trends.