Tether Quietly Adds Another $1B in BTC, Becoming the Sixth-Largest Holder

Tether, the company behind the USDT stablecoin, has made headlines by quietly but significantly increasing its . In recent transactions, the company acquired approximately 960 BTC, valued at over $98 million.

Tether’s total reserves now stand at 87,296 BTC, which is worth about $8.84 billion. This makes the corporation the sixth-largest corporate holder of BTC in the world.​

Strategic Accumulation in a Changing Market

current plan is to put 15% of its net revenues into BTC reserves, and the most recent BTC allocation is part of that plan. In the past, these purchases typically occurred at the end of each financial quarter. However, the latest mid-quarter purchase indicates that the company is responding strategically to the current market conditions. 

Tether made two significant transfers from Bitfinex accounts, consolidating assets that demonstrate a renewed confidence in BTC’s long-term value.​ Tether has a tremendous unrealized profit of $4.55 billion, equivalent to approximately $49,121 per . This demonstrates the effectiveness of their strategy in accumulating over time.​

More Investors Are purchaseing BTC rapidly

Tether’s buildup is similar to what is happening in the rest of the market, where vital groups have rapidly expanded their BTC holdings. According to , the number of BTC addresses accumulating has doubled from approximately 130,000 to 262,000 in just two months.

The 30-day demand metric indicates that more than 375,000 BTC have been taken out of circulation, suggesting a dominant phase of strategic accumulation, typically associated with favorable market conditions.​

Long-Term Holders Show significant Changes in the Market

More than 13,000 BTC that had been dormant for three to five years were also recently moved on-chain. These changes suggest that long-term holders may be preparing for expected volatility or significant macroeconomic shocks.  Most of the time, these moves occur at considerable price levels or just before primary market liquidity triggers are reached. 

Market participants closely monitor this pattern to gauge potential price developments in the future.​ Tether is currently the second-largest private non-platform BTC holding, later than Block.one, which is also a private non-platform BTC holder. 

This milestone highlights the increasing impact of institutional and corporate investors on the supply and market dynamics of .​ Tether’s proactive purchases of BTC and growing reserves bolster long-term confidence in digital assets, conveying a strong message to both institutional and retail investors. 

As major investors continue to purchase more, the market is quite interested in whether these tendencies will lead to long-term price increase or . For investors, Tether’s daring investments show that they still believe in BTC’s value and its importance to the future of money.​