Tether Acquires 951 BTC Worth $70M for Reserves

• Tether added 951 BTC worth $70M, pushing total holdings above 97,000 BTC as part of its ongoing accumulation strategy.
• The firm ranks among top Bitcoin holders globally, only behind Block One with a significant reserve gap.
• Bitcoin forms part of diversified reserves, alongside cash assets and gold, funded by strong profits and revenue growth.

Tether added 951 Bitcoin worth about $70 million to its reserves on April 15, 2026, according to Arkham Intelligence data. The transfer moved from a Bitfinex wallet into a reserve address confirmed by CEO Paolo Ardoino. The purchase lifts Tether’s total holdings to over 97,000 BTC as part of its ongoing reserve strategy.

Transfer Confirms Ongoing Accumulation Strategy

According to Arkham Intelligence, Tether shifted 951 BTC from Bitfinex into its designated reserve wallet. This address previously received similar transfers tied to treasury allocations.

Notably, Bitcoin traded near $74,200 during the transfer before rising closer to $75,000 shortly after. This price movement placed the firm’s holdings above $7 billion.

Tether’s total Bitcoin balance now stands near 97,141 BTC. That figure reflects steady accumulation since the company began buying in October 2022.

Holdings Position Tether Among Top Corporate Owners

With this update, Tether ranks among the largest private Bitcoin holders globally. Data from BitcoinTreasuries.NET places it second behind Block One.

Block One holds approximately 164,000 BTC, while Tether controls over 97,000 BTC. Meanwhile, Circle holds just 73 BTC, showing a wide gap.

This positioning follows Tether’s earlier policy to allocate up to 15% of operating profits into Bitcoin purchases. The company funds these acquisitions through earnings rather than external capital.

Reserves Diversify Across Assets 

Beyond Bitcoin, Tether maintains a large base of cash-equivalent assets. The company holds significant exposure to U.S. government debt. Additionally, gold forms another key reserve component, with holdings reaching over $17 billion. 

Bitcoin accounts for roughly 4.3% of total reserves. Meanwhile, Tether reported more than $10 billion in net profit for 2025. Revenue growth came from USDT issuance and income generated from Treasury holdings.

Separately, Tether Investments committed $134 million to Stablecoin Development Corporation. This move adds another layer to its expanding financial activities.

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