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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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  • Ether liquidity sits above $2.5K: Will ETH bulls grab it?
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  • ETH trades near $2.5K, but weak demand clouds bullish outlook
  • NYC mayor lays out crypto plans as city residents vote in Democratic primary
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