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Tether adds 8,888 Bitcoin in Q1 as holdings exceed $8.4B

cryptoweekly by cryptoweekly
April 1, 2025
in bitcoin, News
0

Tether acquired 8,888 Bitcoin in Q1 2025, boosting its total holdings to over 100,000 BTC despite looming regulatory pressures.

Tether, issuer of the USDT stablecoin, acquired 8,888 Bitcoin in the first quarter of 2025, according to onchain data.

Onchain transaction data shows that Tether moved its newly acquired Bitcoin (BTC), worth roughly $750 million at the time of writing, from a Bitfinex address to a wallet it controls. Data provided by onchain analytics platform Arkham Intelligence shows that the firm currently holds 100,521 BTC, worth about $8.46 billion.

Tether’s Bitcoin balance chart. Source: Arkham Intelligence

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Recent Posts
  • SEC approves conversion of Grayscale's large-cap crypto fund into ETF
  • SOL ETF news gain evaporates, while chart warns of another 20% drop
  • Bitcoin at risk of deeper drop as BTC slips below key support levels
  • US regulator considers simplified path to market for crypto ETFs
  • Connecticut governor approves law prohibiting crypto use in government
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  • Connecticut Governor signs bill banning public officers from using BTC and other crypto assets

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