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Tether Purchased 8,888 BTC in Q1

The USDT stablecoin issuer added $735 million of bitcoin to its holding over the past three months.
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Apr 1, 2025 • 1 min read

Tether spent $735 million in Q1 as part of its ongoing strategy to allocate profits into Bitcoin, bolstering reserves and reporting record gains.

What’s the Scoop?

  • Massive BTC Allocation: Tether purchased $735 million worth of Bitcoin in Q1, further enhancing its Bitcoin reserves.
  • Financial Strategy: The stablecoin issuer allocates up to 15% of its net realized operating profits into Bitcoin and gold.
  • Record-Breaking Performance: Mark-to-market gains from Bitcoin and gold helped Tether achieve a record-breaking quarter.

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