Mars Finance reports that Tether invested $735 million to purchase 8,888 BTC in the first quarter of 2025, increasing its total Bitcoin holdings to 92,647 coins, currently valued at approximately $7.8 billion. Since May 2023, Tether has maintained a strategy of investing 15% of its quarterly profits into BTC as a reserve asset. Its USDT currently has a market capitalization of $143 billion, with a profit of $13 billion last year, primarily from interest income on U.S. Treasury bonds. (CoinDesk)
Tether purchased 8,888 BTC in Q1, and its total holdings increased to 92,647
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