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

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

CoinDesk·2h ago·Neutral

What Happened

Tether added 951 BTC worth $70 million to its reserves on Wednesday, bringing total holdings to 97,141 BTC valued at $7.16 billion. The stablecoin issuer allocates up to 15% of annual operating profits to bitcoin purchases. Tether reported $10 billion net profit for 2025, driven by USDT growth and U.S. Treasury income. The company maintains $141 billion in government debt exposure and $17.4 billion in gold holdings.

Key Entities

TetherUSDTBitcoinPaolo ArdoinoBitfinexArkham IntelligenceStrategy (MSTR)

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