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Tether's Bitcoin Reserve Reaches 92,646 BTC After A New Purchase Of 735 Million

Tether's Bitcoin Reserve Reaches 92,646 BTC After A New Purchase Of 735 Million

CointribuneCointribune2025/04/01 21:55
By:Cointribune

The fluctuations of the crypto markets often disappoint short-term traders who tremble at the sight of a decline. But for the hodlers, those long-term cryptocurrency holders, it’s a different game. They remain calm, patient, and watch the whales plunge into the oceans of Bitcoin. Among them, Tether, the giant of stablecoins, proudly showcases a recent acquisition that is making waves.

Tether's Bitcoin Reserve Reaches 92,646 BTC After A New Purchase Of 735 Million image 0 Tether's Bitcoin Reserve Reaches 92,646 BTC After A New Purchase Of 735 Million image 1

Tether attacks Bitcoin: a strategic acquisition

The Tether news : the first quarter of 2025 marks a turning point for the company. With the purchase of 8,888 BTC for 735 million dollars, the company sees its bitcoin reserves climb to 7.8 billion dollars. A feat that places Tether among the largest holders of bitcoin in the world, holding the 6th position in terms of volume held in a single wallet.

This acquisition is not a matter of chance, but a strategy of accumulation launched in September 2022, aimed at strengthening its reserves while diversifying its investments.

At the heart of this strategy, Tether commits to allocate 15% of its net profits every quarter to buying bitcoins. The goal? To create long-term stability while maximizing potential gains.

Despite a challenging first quarter for bitcoin, whose value has dropped by almost 12%, Tether remains one of the most profitable players in the crypto sector. 3.86 billion dollars in unrealized gains testify to the effectiveness of this approach.

The question arises: will Tether continue this aggressive strategy over the quarters, even if the market remains volatile?

Paolo Ardoino, a CEO passionate about Bitcoin

Tether’s CEO, Paolo Ardoino, does not hide his love for bitcoin. According to him, this cryptocurrency is not only the most decentralized, but it also has a unique resilience power.

Bitcoin cannot be changed by anyone.

A statement that defends it against the rise of altcoins and debates about their governance. In a world where updates and changes are frequent, bitcoin remains fixed in its original form, a guarantee of reliability.

Recently, he stated that bitcoin “remains unchanged and immutable“, an argument that resonates in a context where many cryptocurrencies undergo regular changes to meet market needs.

For Ardoino, the security and stability of bitcoin make it a valuable asset for long-term investors. Can we really imagine a global financial future without bitcoin? And if the stability of its blockchain was its major asset in the coming years?

Tether and the strategic importance of stablecoin for the dollar

Tether is not just a stablecoin company. It is a geopolitical player in the world of cryptocurrencies. According to Paolo Ardoino, the USDT stablecoin has a strategic role: it is good for the US dollar. How? By helping to maintain the dollar’s dominance in emerging regions, such as Africa and South America, where China is trying to weave its influence.

Ardoino explains that USDT helps to decentralize the holding of the dollar, particularly in developing markets where the dollar remains essential despite the rise of the Chinese currency. Tether thus stands as a rampart against dedollarization, a global challenge that is becoming increasingly relevant with the projects of alternative currencies like those of the BRICS countries.

If these projects fail in the short term, Tether’s rise could indeed help maintain the balance.

Here are some key points about Tether’s impact on the dollar:

  • USDT is a counterweight to Chinese influence in emerging markets;
  • Tether holds a colossal reserve of US Treasury bonds, surpassing that of many countries;
  • Tether has a stable market share, with a volume of 147 billion dollars in circulation;
  • The company is developing projects in Africa, including solar kiosks funded in stablecoins.

Tether: an essential player in preserving the supremacy of the dollar, but for how long?

Tether isn’t just satisfied with bitcoin; it is also becoming a key player in the American economy with its role as the 7th largest holder of US Treasury bonds . Tether is slowly but surely transforming into an indispensable geopolitical force in the world of cryptocurrencies and beyond.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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