Tether Quietly Becomes One of Bitcoin’s Largest Whales With $8.44B in Holdings
Tether isn’t just playing in the crypto sandbox anymore—it’s rewriting the rules. Its ongoing Bitcoin buys show a thoughtful strategy that blends crypto with its bigger business picture.
On March 31, 2025, Tether grabbed 8,888 BTC worth $735 million—part of its game plan to stack Bitcoin every quarter.
With this move, Tether now holds a jaw-dropping 100,521 BTC—valued at $8.44 billion—making it one of Bitcoin’s biggest corporate whales.
Long-Term Strategy Reflected in Tether Bitcoin Holdings
The next day, April 1, the company moved that newly bought Bitcoin into its main wallet, as revealed by Arkham Intelligence.
But Tether isn’t just about Bitcoin. Its wallets also carry billions in USDT and other assets like XAUT, AUSDF, and EURT.
What’s the pattern? Tether keeps buying BTC throughout the quarter, then trims at the end. Simple and consistent.
This journey began in September 2022. By May 2023, it decided to dedicate 15% of its net quarterly profits to Bitcoin—and it hasn’t looked back.
That decision is paying off: Tether’s unrealized Bitcoin profits are around $3.86 billion—despite a rocky market.Speaking of which, Bitcoin had a rough Q1 in 2025—dropping nearly 12%, its worst start since 2018.
Experts say U.S. tariffs and jittery investors are to blame.
Right now, BTC is floating around $84,000—way down from the $109,114 it touched when Trump made his political comeback.
Tether Pushes Back Against JP Morgan’s Concerns Over Reserves
JP Morgan recently raised eyebrows about Tether’s reserves, especially with U.S. lawmakers mulling new stablecoin rules.
Two bills—the STABLE Act and the GENIUS Act—are in play, both calling for stablecoins to be backed fully by cash-like assets.
JP Morgan claims only 66% of Tether’s reserves meet one bill’s standards, and 83% meet the other’s.
Tether’s CEO, Paolo Ardoino, isn’t worried. He says banks are just salty because they’re not in the Bitcoin game.
Tether Reports Strong Profits, Diversifies Beyond Bitcoin
Tether isn’t just profiting from Bitcoin—it’s thriving. In Q4 2024, it reported over $7B in reserves and $13B in annual profits.
Tether Broadens Its Investment Horizons
It’s spreading its wings: sports, media, agriculture, AI—you name it.
In Feb, it bought a majority stake in Juventus FC. Then it pumped €10M into Italian media firm Be Water.
It’s also eyeing agribusiness firm Adecoagro and developing AI products like a voice assistant, translator, and wallet helper.
To top it off, it invested in Zengo Wallet—a super secure, self-custodial wallet.
Tether’s not just holding Bitcoin—it’s building a future-proof empire.
