With the increased prominence of the cryptocurrency asset class this year, more and more companies are looking to increase exposure to digital assets. Now, stablecoin issuer Tether has joined them, with the company buying $750 million worth of Bitcoin in Q1 of 2025.
The USDT issuer joins the likes of Michael Saylor’s Strategy and Metaplanet as companies that have adopted a BTC acquisition strategy in recent years. Indeed, Tether purchased 8,888 BTC in a transaction recorded Tuesday. Moreover, it brings its total holdings to a value of more than $7.8 billion.
JUST IN: $USDT issuer Tether buys 8,888 Bitcoin worth $750 million in Q1 2025.
— Watcher.Guru (@WatcherGuru) April 1, 2025
Also Read: Tether CEO Says USDT Will Keep the US Dollar Dominant
Tether Adds $750 Million Bitcoin Purchase as Holdings Reach 92,646 BTC
Although we are entering just the fourth month of the year, 2025 has already proven to be a monumental year for cryptocurrencies. That may not be reflected in the price, but it is certainly seeing a massive shift taking place. US President Donald Trump has sought to completely overhaul the nation’s crypto policy.
He has committed to making the nation the crypto capital of the world, a move that is only strengthening its trajectory to becoming a major global asset. Moreover, it has only encouraged increased buying at the institutional level. That continues today, with stablecoin issuer Tether announcing a $750 million Bitcoin purchase in Q1 of 2025.
Also Read: Tether’s $1 Billion USDT Chain Swap: What the Tron Move Means for Crypto
The transaction furthers the USDT issuers’ pattern of buying BTC in every quarter. After the purchase is made, the company will then move the asset to a reserve wallet at the end of the quarter. Additionally, its latest purchase gives Tether’s wallet the sixth largest Bitcoin holding, according to data.
Tether first began purchasing Bitcoin three years ago, with September of 2022 being its first acquisition. In May of 2023, it formally announced the allocation of 15% of net profits that would be used to increase its Bitcoin holdings. Since then, Tether currently has $3.86 billion in unrealized gains from its BTC investment.
