Tether, the organization behind the USDT stablecoin, has persisted with its Bitcoin investment approach, acquiring an additional 8,888 BTC on the final day of Q1 2025.
This latest purchase, amounting to $735 million, brings Tether’s (USDT) total Bitcoin (BTC) holdings to 100,521 BTC, valued at approximately $8.29 billion, as indicated by recent data.
The acquisition aligns with Tether’s ongoing strategy to strengthen its reserves by dedicating 15% of its profits to Bitcoin purchases, a promise made in May 2023.
In addition to Bitcoin, the company holds substantial on-chain assets, including $5.16 billion in USDT, $215.85 million in XAUT, and $46.17 million in AUSDF.
Tether’s ambitions go beyond the cryptocurrency space. On March 27, the organization raised its stake in Adecoagro, a Latin American agriculture company, to 70%. This move reflects Tether’s commitment to supporting businesses that foster economic freedom, particularly in emerging markets.
To broaden its investment portfolio across various sectors, Tether is also planning to acquire a 30% equity interest in the Italian media company, Be Water.
According to its Q4 2024 report, the organization announced a record profit of $13.7 billion last year, solidifying its position as the leading stablecoin issuer with $45 billion in USDT issued. With a market capitalization of $144 billion, USDT represents 61% of the overall stablecoin market, significantly outperforming rivals such as USD Coin (USDC), which has a $60 billion market cap.
To guarantee that each issued USDT is fully backed, the organization maintains $7 billion in additional stablecoin reserves. Tether has also made significant strides in traditional markets, becoming the seventh-largest purchaser of U.S. Treasury securities in 2024 with a $33.1 billion investment. This strategy not only diversifies Tether’s assets but also places its holdings ahead of nations like Canada, Mexico, and Germany.