Tether adds $70 million in bitcoin to reserves, bringing holdings above 97,000 BTC

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Tether adds $70 million in bitcoin to reserves, bringing holdings above 97,000 BTC The USDT stablecoin issuer has now accumulated over $7.1 billion in bitcoin as part of its strategy to recycle up 15% of its profit into BTC. By Krisztian Sandor | Edited by Stephen Alpher Apr 15, 2026, 7:02 p.m. Make preferred on Tether (CoinDesk) What to know : Tether has added another $70 million in bitcoin to its reserves, bringing its holdings to 97,141 BTC worth about $7.16 billion, blockchain data shows. The company has been steadily buying bitcoin under a 2023 policy to allocate up to 15% of realized operating profits into the cryptocurrency. Tether reported $10 billion in profits for $10 billion and is also diversifying into gold and other alternative assets. Tether, the company behind the world's largest stablecoin USDT USDT $ 1.0001 , added another $70 million worth of bitcoin BTC $ 74,399.66 to its reserves, extending a steady accumulation strategy tied to its stablecoin business. Blockchain data from Arkham Intelligence shows 951 BTC moved Wednesday from Bitfinex to a wallet labeled "Tether: BTC Reserve." The address matches one previously confirmed by CEO Paolo Ardoino as the destination for the company’s earlier purchases. Tether bitcoin reserve (Arkham Intelligence) The firm did not respond to a request for comment about the purchase. The wallet now holds 97,141 BTC, worth about $7.16 billion at current prices, placing Tether among the largest bitcoin holders globally. If Tether was a public company, it would be the second largest BTC holder behind Strategy (MSTR), according to bitcointreasuries.net ranking. The latest purchase is part of a policy introduced in 2023 to allocate up to 15% of realized operating profits into bitcoin. Unlike digital asset treasuries that raise capital to buy crypto, Tether uses excess earnings generated by its core business. USDT, Tether’s dollar-pegged token, is the largest stablecoin with a market cap around $185 billion. The company reported more than $10 billion in net profit for 2025, driven by growth in USDT and rising income from U.S. Treasury holdings. Tether’s reserves are primarily made up of cash-like assets, with up to $141 billion in exposure to U.S. government debt. It also reported $6.3 billion in excess reserves against $186.5 billion in liabilities, offering a buffer above issued tokens. Alongside U.S. Treasuries, Tether has been building positions in alternative assets. Its latest report also showed $17.4 billion in gold, highlighting a broader diversification strategy. Tether Bitcoin News Stablecoins More For You Bitcoin developer Jameson Lopp says it's better to freeze 5.6 million BTC than let hackers have them By Olivier Acuna | Edited by Sheldon Reback 3 hours ago Lopp says dormant coins could pose systemic risk if quantum computing gives attackers the ability to grab them, intensifying the growing “freeze or not freeze” debate. What to know : A proposal from core bitcoin developer Jameson Lopp would gradually invalidate transactions from quantum-vulnerable wallets, potentially freezing an estimated 5.6 million long-dormant tokens worth about $420 billion. Lopp frames the plan as a contingency to protect the network from quantum attacks and to push users to upgrade their wallets, even... Read full story Latest Crypto News The Protocol: Bitcoin proposal that could freeze quantum-related coins 56 minutes ago Wall Street won’t buy ‘trustless’ security promises 2 hours ago Crypto Long & Short: Fighting fraud in the digital age: why state-led identity is the future 3 hours ago Bitcoin developer Jameson Lopp says it's better to freeze 5.6 million BTC than let hackers have them 3 hours ago Why Morgan Stanley's CFO sees tokenization as the next big step for its multi-trillion wealth business 3 hours ago Allbirds abandons sneakers in pivot to AI computing, shares surge 400% 5 hours ago Top Stories Beyond ‘digital gold,’ Iran conflict forces a rethink of the nature of bitcoin 6 hours ago Trump-backed WLFI moves to unlock 62 billion tokens after $75 million loan controversy 6 hours ago A new class of crypto treasury companies is forming around Strategy’s high-yield stock 9 hours ago Why this ex-Solana exec is using a Wall Street trick to level the playing field in DeFi 9 hours ago Bitcoin developers are trying to build quantum defenses. Your coins could pay the price. 12 hours ago Bitcoin pulls back as $75,000 remains 'both the milestone and the ceiling' 7 hours ago In this article USDT USDT $ 1.0001 ◢ 0.02 % BTC BTC $ 74,399.66 ◢ 0.20 %