Tether Adds 951 BTC to Reserve Wallet

Tether transferred 951 BTC, about $70 million, from Bitfinex into an address linked to its Bitcoin reserve wallet, bringing its total holdings to roughly 97,204 BTC valued near $7.26 billion. Arkham Intelligence recorded the on-chain transfer while bitcoin traded near $74,200.

Tether has not explicitly identified the specific transaction in its filings, but blockchain trackers and market reports link the destination address to the company’s reserve holdings. The address ranks among the largest on-chain Bitcoin wallets and has shown steady quarterly inflows.

In May 2023 Tether adopted a policy to allocate up to 15% of net operating profits into bitcoin to diversify its treasury. Tether’s transparency website lists bitcoin at about 4.3% of the firm’s total reserve assets.

The transfer occurred amid increased selling by some long-term holders. Riot Platforms moved 500 BTC earlier this month and sold roughly $200 million of bitcoin in the final two months of 2025 to fund a strategic shift toward artificial intelligence and high-performance computing. Separately, Strategy disclosed a purchase of 13,927 BTC for about $1 billion, funded by a sale of its STRC preferred stock.

Tether’s disclosures for 2025 show net profit topping $10 billion, total liabilities of $186.5 billion, U.S. government debt holdings of about $141 billion and roughly $6.3 billion in excess reserves. USDT remains the largest stablecoin by market capitalization at about $185 billion.

On-chain observers note a pattern of regular bitcoin inflows into the Tether reserve wallet over successive quarters. The recent 951 BTC movement coincided with a modest price uptick, with bitcoin trading at $74,371.03 at the time of reporting, up 0.86% over the prior 24 hours.