Tether Snaps up Another 8,888 BTC, Now Fifth-Largest Bitcoin Wallet
Tether acquired 8,888 Bitcoin on New Year's Eve, bringing its total disclosed holdings to over 96,000 BTC, making it the fifth-largest Bitcoin wallet.Summary
Tether, the issuer of the USDT stablecoin, acquired an additional 8,888 Bitcoin (BTC) on New Year's Eve, increasing its disclosed Bitcoin stash to over 96,000 BTC by the end of 2025, according to CEO Paolo Ardoino. This accumulation positions Tether's Bitcoin address as the fifth-largest overall, trailing only Binance, Robinhood, and Bitfinex, and making it the second-largest corporate BTC treasury. This purchase aligns with Tether's strategy of allocating up to 15% of its quarterly earnings into Bitcoin, with the latest batch valued around $780 million. Beyond Bitcoin, Tether has also been accumulating gold, purchasing 26 tons in Q3 2025, bringing its total holdings to 116 tons. However, this reserve mix of US Treasurys, Bitcoin, and gold has faced scrutiny from agencies like S&P, which recently downgraded USDT's score due to transparency and concentration risks. CEO Ardoino previously denied claims of selling BTC after fluctuations, attributing drops to transfers to Twenty One Capital, a Tether-backed entity holding over 43,000 BTC.
(Source：Cointelegraph)