Tether's first-quarter purchase of nearly 10,000 BTC, reserve size surges to 96,000+ | On-chain data

【ChainNews】Stablecoin giant Tether has recently been quietly accumulating more coins. According to on-chain data, they have gradually purchased nearly 10,000 Bitcoins in Q4 2025. Specifically, on November 7th, they withdrew 961 BTC from exchanges (worth $97.18 million at the time), and then on New Year’s Day, they withdrew another 8,888.8 BTC (worth $778 million), directly transferring them into their own BTC reserve wallet. In total, this amounts to 9,850 BTC, with a total value of $876 million.

This operation was not a sudden decision. As early as May 2023, Tether announced a long-term strategy—using 15% of the company’s profits to regularly purchase Bitcoin for reserves. They typically choose the last day of each quarter or the beginning of the next quarter to transfer all the Bitcoin purchased during that quarter into their on-chain wallet. This time’s operation fully aligns with this pattern.

Currently, Tether’s BTC reserve address holds 96,185 Bitcoins, valued at $8.42 billion, making it the fifth-largest Bitcoin wallet in the world. Interestingly, based on their average cost of $51,117 when withdrawing these coins from exchanges, these BTCs are now floating with a profit of $3.524 billion. It seems Tether’s accumulation strategy is quite effective.

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TokenomicsTherapistvip
· 11h ago
Nearly ten thousand BTC directly transferred to the chain wallet, USDT is endorsing BTC.
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FOMOmonstervip
· 11h ago
Nearly ten thousand BTC, Tether is playing a big game, forcibly turning itself into a Bitcoin fund. Tether has money, and it's a different story—earning passively with stablecoins while also conveniently accumulating coins. This is true winning without effort. $876 million all at once. As retail investors, we can only silently drool on the side... Why don't I think this far ahead? They’ve already planned everything out, while we're still debating short-term rises and falls. But this move is pretty smooth—at the end of the quarter, a one-time withdrawal of 9850 coins, and the market barely reacts. Tether accumulating coins = a positive signal for BTC? Or is it just backing stablecoins... I just can't figure it out. Wait, if Tether really uses 15% of its profits to accumulate coins, shouldn't the risk premium of USDT also be factored in?
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MevHuntervip
· 11h ago
Tether's move is really clever; every quarter-end, they come with a large withdrawal, as punctual as clockwork... But 9850 BTC, you must have a lot of confidence to stockpile like this.
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gas_fee_therapistvip
· 11h ago
Tether is starting to accumulate coins again, and the pace is really steady... Every quarter, there's no missed opportunity, it's quite aggressive.
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GateUser-c799715cvip
· 12h ago
Nearly 10,000 BTC, is Tether planning a big move or are they truly optimistic about the market? --- From the perspective of art collectors and seasoned investors, a $876 million investment shows that the world of the wealthy is truly different. --- The promised 15% profit to buy coins—there aren't many institutions with such strong execution, this is what strategic reserves look like. --- I just want to know when Tether will start to move these BTC; that day, the market will probably shake. --- The regular rhythm of withdrawing funds at the end of each quarter is no coincidence; no wonder some can predict it in advance—information advantage. --- Suddenly I thought, holding so much USDT to buy Bitcoin—are they trying to diversify their reserves? --- Entering 9,850 BTC into the wallet—what kind of determination does it take to accumulate so much? I’m optimistic. --- Wait, on the first day of the new year, buying the number 8888.8—was it intentional? --- Tether is really conservative, using profits to buy coins, unafraid of market fluctuations—this level of strategy is extraordinary.
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