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Wrapped eETH (WEETH) $ 3,481.17
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Tether Gold (XAUT) $ 3,981.68
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Quant (QNT) $ 80.77
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Jupiter (JUP) $ 0.329861
Global Dollar (USDG) $ 0.999880
NEXO (NEXO) $ 1.06
Render (RENDER) $ 1.99
Ripple USD (RLUSD) $ 1.00
Solv Protocol BTC (SOLVBTC) $ 99,823.00
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Circle USYC (USYC) $ 1.11
Renzo Restaked ETH (EZETH) $ 3,428.73
First Digital USD (FDUSD) $ 0.996681
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Savings Dai (SDAI) $ 1.17

Tether Announces Bitcoin Acquisition Again, Becoming the Sixth Largest BTC Holder!

By admin On Nov 7, 2025

Tether, the company behind the world’s largest stablecoin USDT, has made a new Bitcoin (BTC) purchase.

According to a post by on-chain analyst EmberCN, Tether purchased 961 BTC (worth $97.18 million).

Accordingly, Tether’s BTC reserve wallet withdrew 961 BTC from Bitfinex.

With this move, Tether saw an opportunity in the decline in Bitcoin and compensated for the decline.

This acquisition was part of a consistent accumulation strategy implemented following the major $1 billion acquisition in September.

Because Tether purchased approximately 8,889 Bitcoins (worth approximately $1 billion) on September 30.

Tether’s wallet in question has held BTC purchased with 15% of the company’s profits since 2023, typically withdrawing only at the end of each quarter. The company has made it clear in past statements that it views Bitcoin as a key component of its reserve diversification strategy.

The wallet in question currently holds 87,296 BTC worth $8.84 billion, making it the 6th largest BTC wallet.

*This is not investment advice.

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