Tether Tops Bitcoin Reserves With New 961 Bitcoin Bet

Tether, the issuer behind the largest stablecoin USDT, has increased its Bitcoin (BTC) reserves. According to the report, Tether received 961 BTC, worth about $97 million, from a Bitfinex hot wallet. Notably, the transfer went to an address linked to Tether’s Bitcoin reserves, reinforcing the company’s position as one of the biggest corporate holders of Bitcoin. 

Tether Doubles Down on Growth

Blockchain analysis company Arkham identified the transaction. It is also worth noting that this addition brings Tether’s total Bitcoin holdings to 87,296 BTC, valued at approximately $8.9 billion at current market prices. The receiving address has been connected to Tether’s known Bitcoin buying activities. This indicates that these funds are part of the company’s official strategy for holding Bitcoin.

Meanwhile, Tether has not publicly confirmed its recent Bitcoin purchase, but analysts think it is a strategy to manage its reserves. It is also unclear if the stablecoin giant bought new Bitcoin or just moved existing assets between wallets. 

Importantly, the well-known digital dollar solution is steadily increasing its Bitcoin holdings to diversify its reserve assets. Earlier this year, the company announced it would use some of its net profits to buy more Bitcoin. As such, it cites scarcity and long-term value as reasons for this decision.

Tether Reports Solid Reserves in Q3 2025

Recall that Tether International shared its financial reports for the third quarter of 2025. The report shows that Tether is financially strong, makes good profits, and is focused on growing its digital dollar network worldwide.

In the first nine months of 2025, Tether earned a net profit of over $10 billion. This makes it one of the most profitable private companies in the world. This also comes as the stablecoin issuer continues to invest in expanding its digital dollar ecosystem, which serves over 500 million users globally.

Undoubtedly, Q3 2025 was a milestone quarter for Tether. The steady rise in demand shows that USDT is experiencing widespread, sustained adoption. The growth also highlights the company’s role as the leading digital dollar, valued for stability, transparency, and global accessibility.

Tether Bets on Gold and Bitcoin for Stability

Last month, the stablecoin issuer partnered with Antalpha, a Singapore-based fintech company, to raise $200 million for a new Digital Asset Treasury (DAT). In June, Tether bought a 32% stake in Canadian gold mining company Elemental Altus Royalties Corp. The firm revealed that the move is part of its strategy to invest in diverse assets, like gold and Bitcoin.

Its goal is also to support and strengthen the value of USDT, which has gained traction in the LATAM region. Tether’s investments now include Tether Gold, which is backed by real gold. By investing in gold, Bitcoin, and digital tokens, the company intends to build a strong and steady base.

This plan also shows that the firm is thinking ahead and wants to create a safer and more stable financial system for everyone.