- Tether has purchased another 951 BTC worth about $70.74 million, according to onchain data cited from Arkham Intelligence.
- The latest buy lifts the stablecoin issuer’s Bitcoin reserves to 91,141 BTC, valued at roughly $7.2 billion.
Tether has added another sizeable chunk of Bitcoin to its balance sheet, extending a reserve strategy that has quietly become one of the more consequential treasury positions in crypto.
According to data cited from Arkham Intelligence, the stablecoin issuer received 951 BTC from Bitfinex, a transfer worth roughly $70.74 million.
The move appears consistent with Tether now-familiar pattern of adding Bitcoin after quarter-end, part of a strategy the company has used for several years to diversify its operating assets alongside the reserves supporting its stablecoin business.
Tether’s Bitcoin strategy keeps building in the background
This was not an isolated purchase. Since 2023, Tether’s reserve address has continued accumulating Bitcoin on a regular basis, with the company typically allocating around 15% of its profits to those purchases. The latest transfer looks very much in line with that routine.
That matters because Tether’s approach is slightly different from the more attention-seeking corporate treasury strategies seen elsewhere in the market. It is not framing Bitcoin as the whole identity of the business. Instead, it is treating BTC as a reserve asset that sits alongside a much larger stablecoin operation.
The result, though, is becoming harder to ignore.
Holdings now place Tether among the biggest Bitcoin wallets onchain
After the latest purchase, Tether’s Bitcoin reserve reportedly stands at 91,141 BTC, worth around $7.2 billion at current market prices. That makes the company the fifth-largest onchain holder of Bitcoin, according to the tracking data referenced in the report.
For the market, the message is fairly straightforward. Tether is still buying, still moving coins off Bitfinex, and still building a reserve position large enough to matter well beyond its own treasury.
The latest acquisition may represent part of the company’s first-quarter 2026 Bitcoin buying, which would fit the pattern of post-quarter withdrawals seen in earlier periods. Either way, it reinforces the same point. While much of the market focuses on ETF flows and public treasury firms, one of crypto’s largest stablecoin issuers is continuing to accumulate Bitcoin at a scale that keeps it near the top of the ownership ladder.
