Tether Acquires 8,888.889 BTC Worth $1 Billion

Tether, the entity behind the USDT stablecoin, purchased 8,888 BTC worth over $1 billion on September 30, the last day of Q3 2025, according to data from Arkham Intelligence. 

The purchase is Tether’s second major acquisition for 2025, following a similar purchase on March 31. The company owns 86,335 BTC at the time of writing, valued at around $9.75 billion. 

Tether Makes Bitcoin (BTC) Purchase 

Tether added 8,888 BTC worth $1 billion to its reserves on the last day of Q3 2025, in one of the largest inflows recorded in 2025 for the stablecoin issuer. The transaction was first mentioned by Onchain Lens and went from Bitfinex hot wallets to Tether’s reserve address. The acquisition fits into a bigger pattern that can be seen in the address’s on-chain history. Tether has repeatedly moved blocks of Bitcoin worth $700 million and $1.4 million into its reserves, often during phases of market upheaval. 

Sixth-Largest BTC Wallet 

Tether announced its Bitcoin strategy in May 2023, stating that it would use 15% of the company’s profits to purchase Bitcoin to build a reserve. Currently, the company’s Bitcoin reserve address holds 86,335 BTC, worth $9.75 billion, making it the sixth-largest Bitcoin wallet. Tether’s Q3 purchase increases the amount of BTC on the company’s balance sheet by 11%. The average purchase price for Tether’s Bitcoin stash is around $48,542, indicating that the company is sitting on an unrealized profit of $5.5 billion. 

Tether’s $115 billion market cap gives the company unmatched liquidity, allowing institutions to leverage USDT for yield generation and cross-chain transactions. Tether’s balance sheet reveals the company has $127 billion in US Treasuries and $5.47 billion in excess reserves, reinforcing its credibility as a financial powerhouse. Institutionals hold over 410,000 BTC through ETFs, representing a staggering 33% of all Bitcoin holdings. 

Tether Could Become History’s Most Profitable Company 

Bitwise chief investment officer Matt Hougan believes Tether could shatter Saudi Aramco’s $120 billion yearly profit to become the most profitable company in history. Hougan stated that Tether is on track to surpass Saudi Aramco’s $120 billion profit record. He explained that Tether controls almost 100% of the stablecoin market share in non-Western markets, arguing that emerging economies may begin favoring USDT over native currencies. Such a development could put trillions of dollars under its management. 

“At current interest rates, if Tether got to $3 trillion in assets — about 3% of the global money supply — it would top that, becoming the most profitable company in history.”

Hougan also highlighted Tether’s plans to go public with a $500 billion valuation, which could put it among the world’s most valuable companies alongside SpaceX and OpenAI. According to Hougan, the biggest mistake crypto skeptics make is underestimating the size of the market and the industry it wants to disrupt.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.