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Keep up with what's happening in the crypto world in real-time.

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cover-imageThe Cryptonomist
April 2, 2025

Tether acquires 8,888 Bitcoin in Q1 2025: the wallet is now 7.8 billion dollars

Tether, the company issuing the largest stablecoin, announced that it purchased 8,888 Bitcoin in the first quarter of 2025. Now, Tether's wallet is 7.8 billion dollars and is the sixth largest holder of BTC in a single wallet. Tether, the company issuing the largest stablecoin USDT, announced that it purchased 8,888 Bitcoin in the first quarter of 2025. The CEO of Tether, Paolo Ardoino, shares the announcement on X:

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cover-imageBitcoin
April 1, 2025

Tether Bought 8,888 BTC and Now Holds $7.8B in Bitcoin

The world's largest stablecoin provider Tether, on April 1 revealed bitcoin purchases totaling 8,888 BTC made during the first quarter of 2025, bringing its overall bitcoin holdings to 92,647 BTC or a mammoth $7.8 billion. Onchain data shows that the Q1 purchases were all moved simultaneously into Tether's primary bitcoin wallet on March 31st.

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cover-imageCryptonews
April 1, 2025

Tether Quietly Becomes One of Bitcoin's Largest Whales With $8.44B in Holdings

Tether has bolstered its Bitcoin reserves with a $735 million purchase of 8,888 BTC on the last day of Q1 2025, bringing its total holdings to 100,521 BTC, valued at approximately $8.44 billion, cementing its prominent position in the cryptocurrency market. The post Tether Quietly Becomes One of Bitcoin's Largest Whales With $8.44B in Holdings appeared first on Cryptonews.

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