Tether has bought 8,800 BTC for $1,000,000,000. With this purchase, it now holds 87.475k BTC valued at $9.88 billion. And the wallets marked by Arkham Intelligence of Tether hold crypto worth $15,680,115,415, with $5.15 billion worth of USDT held and XAUT valued at $534.54 million.
The address also holds 4.8 million CRO, TRX valued $787.87k, and also holds a significant number of USDC, BNB, 12 ETH, and 151.491 SOL, including many others.
Yet the data available on Bitcoin treasury notes that Tether holds 100,521 Bitcoin, excluding this purchase, making it the second top private company to hold a significant number of Bitcoin.
The recent purchase of Bitcoin by Tether is likely to have been made from Bitfinex, making it a massive acquisition on the last day of the third quarter.
Tether expanding its feet in the crypto market
In Q1 2025, Tether reportedly acquired 8,888 BTC to boost its holdings. On the stablecoin issuance front, USDT continued its dominance in Q2 and Q3, with $19.6 billion minted in one quarter alone and net inflows surging across the industry.
Tether International, the issuer of USDT, has published its Q2 2025 attestation report, which highlights that as of June 30th, the profit is $4.9 billion, reflecting stability and resilience in its business model.
The attestation report, verified by BDO, confirms that as of June 30th, Tether has over $157 billion worth of USDT in circulation, representing a $20 billion increase since the beginning of 2025.
One of the most important highlights of Q2, 2025, is USDT’s increased exposure to the United States government debt.
With over $127 billion invested in U.S Treasuries, $105.5 billion held directly and another $21.3 billion indirectly, making it one of the largest holders of U.S. government bonds worldwide.