Tether has completed a transfer of 8,888.88 BTC—valued at $1 billion—to an address labeled as its bitcoin reserve, according to onchain data from Arkham and Nansen.
This transaction, which took place at the close of Q3 2025, aligns with Tether’s established pattern of accumulating bitcoin at quarter-end.
details of the transfer
The transferred BTC originated from a Bitfinex hot wallet, with both companies sharing the same parent.
While Tether has not publicly confirmed the acquisition, the receiving address matches those used in prior bitcoin purchases, and the transaction mirrors similar moves made at the end of previous quarters.
Tether CEO Paolo Ardoino later appeared to confirm the activity by responding, “yeah” to a post tracking the transfer.
tether’s bitcoin accumulation strategy
Tether began acquiring bitcoin in September 2022 and announced in May 2023 that it would allocate 15% of net profits each quarter to bitcoin.
Since then, Tether has steadily expanded its reserves.
If the latest transfer is confirmed, the company now holds nearly 109,410 BTC, valued at approximately $12.4 billion, making it the second-largest known private bitcoin treasury holder after Block One and third among all companies including public firms like MicroStrategy.
broader investments and profitability
Tether’s asset base also includes over $127 billion in U.S. Treasurys and more than 50 tons of gold.
The company has diversified into sectors such as artificial intelligence, telecommunications, and bitcoin mining.
Bitwise CIO Matt Hougan recently suggested Tether could become “the most profitable company in history,” citing its rapid profit growth and substantial holdings.
market context and future outlook
Bitcoin’s current price hovers around $113,500. Tether’s ongoing accumulation strategy, coupled with its global stablecoin dominance, positions it as a major player in the bitcoin reserve landscape.
The company’s bitcoin reserve wallet is now among the top ten single address holders in the world.
