According to reports, Tether purchased 8,888 Bitcoin in Q4 2025, increasing its holdings to over 96,000 BTC, according to CEO Paolo Ardoino. This move is part of a strategy where Tether allocates 15% of its quarterly profits to Bitcoin. As USDT liabilities expand and short-term rates remain high, this policy could convert stablecoin earnings into recurring spot demand for BTC.

Tether's reserve strategy turns stablecoin growth into systemic exposure. The firm's Q3 2025 assurance by BDO reported $181.223 billion in reserves against $174.445 billion in liabilities, resulting in $6.778 billion in excess reserves. Tether valued its Bitcoin position at $9.856 billion, using a BTC reference price of $114,160. The company's Bitcoin accumulation is now linked to its profitability, which is tied to the size and yield of its reserve assets.

According to reports, Tether purchased 8,888 Bitcoin in Q4 2025, increasing its holdings to over 96,000 BTC, according to CEO Paolo Ardoino. This move is part of a strategy where Tether allocates 15% of its quarterly profits to Bitcoin. As USDT liabilities expand and short-term rates remain high, this policy could convert stablecoin earnings into recurring spot demand for BTC.

Tether's reserve strategy turns stablecoin growth into systemic exposure. The firm's Q3 2025 assurance by BDO reported $181.223 billion in reserves against $174.445 billion in liabilities, resulting in $6.778 billion in excess reserves. Tether valued its Bitcoin position at $9.856 billion, using a BTC reference price of $114,160. The company's Bitcoin accumulation is now linked to its profitability, which is tied to the size and yield of its reserve assets.