Stablecoin issuer Tether has added 8,888.88 Bitcoin (BTC) to its reserve wallet just as Q3 2025 came to a close, according to on-chain data from Nansen and Arkham.
The transfer, flagged at 11:06 a.m. UTC Tuesday from a Bitfinex hot wallet, was worth roughly US$1 billion (AU$1.53 billion) at current prices. The receiving address, starting with “bc1qj,” has been linked to Tether’s prior quarterly transactions and now ranks among the world’s ten largest single BTC addresses.
The unusual figure mirrors a similar 8,888 BTC allocation at the end of Q1, consistent with Tether’s May 2023 policy of putting 15% of its net profits into Bitcoin each quarter.
Tether’s Bitcoin Holdings Climb to Over 109,000 BTC
With this latest purchase, Tether’s total Bitcoin stash has risen to nearly 109,410 BTC, valued at around US$12.4 billion. This places the stablecoin giant just behind Block One’s 164,000 BTC (US$18.5 billion) and Strategy’s massive 640,031 BTC (US$72 billion). Its affiliate, Twenty One, also holds 43,514 BTC worth US$4.9 billion.
Tether CEO Paolo Ardoino has previously revealed that the company’s reserves include more than 100,000 BTC alongside over 50 tons of gold. Beyond crypto, Tether also manages over US$127 billion in US Treasury bonds, ranking it among the top 20 holders worldwide—surpassing even some sovereign nations.
The company posted profits of roughly US$1 billion in Q1 2025 and has been expanding its footprint into artificial intelligence, Bitcoin mining, and most recently, the launch of USAT—a US-regulated stablecoin aimed at domestic markets.