Tether Makes Massive Bitcoin Buys in Late 2025

Tether has continued to increase its Bitcoin holdings, adding a large amount of Bitcoin to its treasury near the end of the year. 

These purchases show Tether’s long-term belief in Bitcoin as a reserve asset and a store for value. 

Tether Now Holds Bitcoin Worth $8.4B 

In the last quarter of 2025, Tether increased its Bitcoin reserves with two large purchases. Data from EmberCN shows the company bought about 9,850 Bitcoin, worth roughly $876 million at the time. The first transaction took place on November 7, when Tether transferred 961 BTC into its reserve wallet. 

The second and much larger transfer occurred on January 1, 2026, with the addition of 8,888.8 BTC in a single move. This transaction alone was worth an estimated $778 million at the point of withdrawal.

As with previous quarters, these purchases were consolidated and moved into Tether’s reserve wallets near the end of the reporting period. 

Following the most recent additions, Tether’s primary Bitcoin reserve address now holds 96,185 BTC, valued at $8.4 billion based on current market prices. This puts Tether among the top five known Bitcoin holders in the world. 

Based on its buying prices, the company paid about $51,100 per Bitcoin and is now sitting on unrealized gains of over $3.5 billion.

Tether Builds Bitcoin and Gold Reserves for the Long Term

Tether’s ongoing Bitcoin buying follows a policy it announced in May 2023. Under this plan, the company uses up to 15% of its quarterly profits to buy Bitcoin.

Instead of buying small amounts regularly, Tether often makes large purchases at once and moves the Bitcoin into its reserve wallets.

This careful approach helped the company build a large Bitcoin holding over time, even when markets were uncertain. It shows that the company views Bitcoin as a long-term store of value, not a short-term trade.

Tether’s Bitcoin is part of a broader investment plan that goes beyond crypto. In 2024, the company said it would reinvest crypto profits into the gold industry, including mining, refining, and trading.

The firm already holds billions of dollars in physical gold stored in Switzerland. Reports show that both Bitcoin and gold made up a large part of Tether’s earnings in the first half of 2025.

Big Companies Keep Buying Bitcoin Despite Price Swings

Despite recent price drops, big investors are still buying Bitcoin. This week, Strategy bought 1,229 BTC at an average price of $88,568 each, spending about $108.8 million.

Metaplanet also started buying again after several months, purchasing 4,279 BTC in the last quarter of 2025. This raised its total holdings to 35,102 BTC, worth over $3 billion.

Bitcoin is currently trading between $88,000 and $90,000. Even though prices are moving slowly, continued buying by large companies shows strong long-term confidence in Bitcoin.