Tether, the stablecoin issuer, is boosting its bitcoin investments. In the first quarter of 2025, they bought 8,888 BTC for $735 million. This means Tether now holds a total of 92,646 BTC. They plan to invest 15% of their profits into bitcoin each quarter. Currently, their bitcoin assets are valued at $7.7 billion.
- Tether's USDT stablecoin has a market cap of $143 billion.
- Last year, Tether earned $13 billion in profits.
Metric | Value |
---|---|
Current Bitcoin Holdings | 92,646 BTC |
Recent Purchase | 8,888 BTC |
Total Investment | $735 million |
Bitcoin Price | $83,000 |
Projected Bitcoin Value | $7.7 billion |