Tether Boosts Bitcoin Reserves Amid Market Pullback

Highlights:

• Tether boosts Bitcoin reserves to 87,296 BTC after two major transfers from Bitfinex.
• The firm’s unrealized profits hit $4.55 billion based on current BTC prices.
• Tether is now ranked the sixth-largest BTC holder worldwide.

Stablecoin issuer Tether has boosted its Bitcoin holdings with a strategic purchase during the latest market correction. It purchased 961 BTC, worth approximately $97 million, as per a recent post on X by EmberCN, citing on-chain data from Arkham Intelligence. Tether purchased the coins from Bitfinex, a crypto exchange that is also owned by the firm. Shortly after, it moved another 8,888 BTC from Bitfinex to its reserve wallet.

The sum of these transactions added about 9,849 BTC to its reserves. This increased its total holdings to 87,296 BTC, worth almost $8.84 billion at current market rates. Such moves indicate a continued plan by Tether to invest 15% of its profit in purchasing Bitcoin.

USDT 发行商 Tether (泰达) 在最近的下跌里抄底了 BTC 吗？
他们的 BTC 储备地址在 1 小时前从 Bitfinex 提取了 961 枚 BTC ($9718 万)。

这个钱包存放的 BTC 是他们从 2023 年以来用 15% 的公司利润购买的，之前只在每个季度的最后一天从 Bitfinex 提出当季度购买的 BTC。

目前他们的 BTC… https://t.co/Y3dZBa33Br pic.twitter.com/6I54OqNWZB

— 余烬 (@EmberCN) November 7, 2025

Tether’s average purchase price is approximately $49,121 per BTC. The company sits on an estimated $4.55 billion in unrealized profits as Bitcoin currently trades higher. This growth has seen the company become the sixth-largest Bitcoin holder globally. It is also the second-largest in the list of the private entities, after Block.one.

Strategic Buys Signal Long-Term Confidence

Tether’s latest purchases signify a break from their traditional habit of increasing Bitcoin holdings at the end of the quarter. In contrast, the mid-quarter purchases show that the company is responding to the market dip. On-chain analysts identified these transactions hours after the price drop. Such timing indicates a strong confidence in the long-term value of Bitcoin.

Retail traders have been very careful regarding market sentiment, particularly in the wake of the recent decline. However, Tether has been buying continuously, which is a clear indication that the company is not going to give up on its commitment. The increasing size of the wallet is also a part of the company’s larger strategy to diversify assets and maintain the strength of its balance sheet.

Meanwhile, the accumulation is accompanied by the firm’s profit report. Tether reported net profits of more than $10 billion at the end of September. The company had $181.2 billion in assets, while its liabilities were at $174.4 billion. That leaves a surplus of $6.8 billion, some of which is used to buy Bitcoin.

Tether just released its quarterly attestation for Q3 2025.

USDT has become the biggest financial inclusion success story in the history of humanity, with more than 500 million users across the emerging markets and developing countries.

Highlights as of 30 September 2025:
*… https://t.co/XVYeVq1u64 pic.twitter.com/nZ2V1EKZ3x

— Paolo Ardoino 🤖 (@paoloardoino) October 31, 2025

Tether’s Position Among Major BTC Holders

Tether’s 87,296 BTC reserve ranks it to be positioned among the top institutional owners, such as MicroStrategy and Galaxy Digital. Bitcoin Treasuries data indicate that the ETFs are the biggest holders of Bitcoin, having amassed over 1.5 million BTC, constituting 7% of the total supply. MicroStrategy, however, comes first among single entities with 641,205 BTC.

The contribution of stablecoins to the Bitcoin market is also a factor. Tether’s USDT is the largest stablecoin with a market cap of $183.3 billion. It holds major positions in both the Ethereum and Tron networks. The USDT presence in Ethereum is 47.92%, while Tron has 42.08%.

Moreover, prominent investor Cathie Wood has recently revised her Bitcoin prediction for 2030. She reduced it from $1.5 million to $1.2 million. Wood cited the increasing demand for stablecoins in payments and emerging markets as the main factors. Although she is still bullish, she recognized that stablecoins are advancing faster than Bitcoin in some aspects.