On-chain data shows that Tether received over 8,800 BTC, worth around $1 billion, into its Bitcoin reserve wallet earlier today. The transfer originated from two Bitfinex wallets and was executed in two tranches. Notably, the first moved 4.61 BTC, while the second carried roughly 8,880 BTC.
JUST IN: Tether buys over 8,800 #bitcoin worth $1 billion, per on-chain data $BTC pic.twitter.com/uqvoUSs24w
— CoinRemark (@CoinRemark) September 30, 2025
Strategic Acquisition of Bitcoin
Tether’s latest Bitcoin purchase is not an isolated move but part of a well-defined strategy the company has been following for nearly two years. Since 2022, the company has steadily accumulated Bitcoin each quarter, allocating roughly 15% of its profits toward purchases of the apex cryptocurrency.
Afterward, it transfers the accumulated BTC into its main reserve wallet before the end of the quarter. Several reports have highlighted this consistent pattern. For instance, in Q1 2025, the stablecoin issuer acquired 8,888 BTC at an aggregate cost of $790 million.
The company has now completed another purchase of 8,800 Bitcoin this quarter, moving the assets into its main reserve wallet.
Tether Bitcoin Holdings Surpasses 109,000
Before the acquisition, Tether held around 100,521 BTC in its treasury, according to data from BitcoinTreasuries.NET. With the latest acquisition, the company’s Bitcoin holdings have now surpassed 109,000 BTC.
Tether’s expanding Bitcoin treasury has captured the attention of crypto enthusiasts, with its steady accumulation underscoring the company’s conviction in BTC as a long-term reserve asset.
Meanwhile, CEO Paolo Ardoino has repeatedly voiced his bullish stance on Bitcoin, recently stating in a livestream that investors, institutions, and even cities that adopt BTC early will secure the greatest rewards. Tether aims to be among those beneficiaries, steadily increasing its holdings through consistent quarterly purchases.
Evans Kelvin
