Tether, the company behind the USDT stablecoin, made a significant addition to its Bitcoin reserves at the end of the third quarter of 2025.
This is reported by Finway
New Acquisitions and Current Bitcoin Balance
On September 30, 2025, Tether acquired 8,888.88 BTC, equivalent to over $1 billion. This marks the second substantial increase in the company’s Bitcoin assets this year, with the previous major purchase occurring on March 31. Currently, it holds over 86,335 BTC, with a total value exceeding $9.75 billion.
It is worth noting that, according to analytics platforms, Tether withdrew 14,000 BTC and 1,200 BTC from its wallet in June and July 2025, respectively. Despite this, the company confidently continues to increase its share in the leading cryptocurrency.
Expert Opinions and Official Information
Financial analyst and CEO of SwanDesk, Jacob King, expressed doubts about the transparency of the Bitcoin market:
“In my opinion, 80-90% of all Bitcoin purchase volume is fictitious, as Tether ‘prints money out of thin air,’ injects it into Bitcoin, and inflates the largest bubble in history, while the real value of Bitcoin, according to him, is significantly lower than even $1,000.”
Officially, Tether does not confirm which specific cryptocurrency addresses belong to it. However, back in August 2023, 21.co analyst Tom Van pointed to a likely wallet of the company, and sources confirm that Tether is among the top 15 largest holders of BTC in the world.
In October 2024, Tether CEO Paolo Ardoino stated that the company holds 82,454 BTC in its financial reserves. Currently, the price of one Bitcoin exceeds $113,000.
September 2025 was a record month for Tether in terms of stablecoin issuance, as the company released 9 billion USDT, marking a historical maximum for it.