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Tether adds $70 million in bitcoin to reserves, bringing holdings above 97,000 BTC
The USDT stablecoin issuer has now accumulated over $7.1 billion in bitcoin as part of its strategy to recycle up 15% of its profit into BTC.
Apr 15, 2026, 7:02 p.m.
What to know:
- Tether has added another $70 million in bitcoin to its reserves, bringing its holdings to 97,141 BTC worth about $7.16 billion, blockchain data shows.
- The company has been steadily buying bitcoin under a 2023 policy to allocate up to 15% of realized operating profits into the cryptocurrency.
- Tether reported $10 billion in profits for $10 billion and is also diversifying into gold and other alternative assets.
The firm did not respond to a request for comment about the purchase.
The wallet now holds 97,141 BTC, worth about $7.16 billion at current prices, placing Tether among the largest bitcoin holders globally. If Tether was a public company, it would be the second largest BTC holder behind Strategy (MSTR), according to bitcointreasuries.net ranking.
