Tether Boosts Bitcoin Holdings By 8,888 BTC In Q1 2025

USDT stablecoin issues Tether added a massive 8,888 Bitcoins to its BTC holdings, worth $735 million, during the first quarter of 2025, while reinforcing its long-term commitment to BTC accumulation. This accumulation happened at a time when the BTC price declined over 12% in Q1, marking one of its worst-performing Q1s in the past seven years.

Tether Expands Its Bitcoin Reserves to $7.64 Billion

Back in May 2023, stablecoin firm Tether announced that it would allocate 15% of its quarter profits to Bitcoin purchases. As a result, the firm has been acquiring BTC every quarter while settling it in the end.

With this latest acquisition, the USDT stablecoin issuer now holds 92,647 BTC, valued at $7.64 billion, making it the sixth-largest Bitcoin wallet globally. The company’s unrealized profit on its Bitcoin holdings stands at an estimated $3.86 billion, as per data by Spot On Chain.

Interestingly, Tether’s accumulation comes at a time when the Bitcoin price faced a 12% drop during Q1, thereby making it the first worst-quarter performance in seven years. Market analysts continue to monitor how institutional and corporate Bitcoin holdings influence price movements amid ongoing volatility.

USDT Minting Spree Continues

USDT stablecoin issuer has continued to mint more and more stablecoins recently in the market. In the last 24 hours, the firm minted an additional $1 billion USDT on TronDAO, taking its total holdings on the platform to more than $8 billion. Over the last year, the firm has minted a total of $40 billion in USDT stablecoins.

ARKHAM ALERT: $1,000,000,000 USDT MINTED JUST NOW pic.twitter.com/2B8XiHcqXC

— Arkham (@arkham) March 31, 2025

This comes as the stablecoin war has intensified with Ripple’s RLUSD launch, and Circle’s expanding its market footprint following Tether’s Europe exit as MiCA regulations kick in.

On the other hand, USDC stablecoin issuer Circle is gearing for an IPO filing next month in April. Reports suggest that if approved, the Circle stock could start trading on Wall Street in the next month of May.

BTC Price Action on Radar

As of press time, the Bitcoin price is trading 1.94% up at $83,112, with its daily trading volume surging 58% to $27.3 billion. BTC is likely to experience greater volatility as the Trump “Liberation Day” of April 2 will kickstart a new reciprocal tariff war.

The overall crypto market experienced strong volatility on Monday, with altcoins seeing an even greater fall. Several market players expect this volatility to continue this week as BTC, and other digital assets test crucial support levels before deciding on the next move.