$8.9 Billion in BTC: Tether’s Reserves Underscore Bitcoin’s Institutional Appeal
Tether is solidifying its position as a major institutional player in the Bitcoin market, showcasing the asset’s deepening integration into corporate treasuries. The stablecoin giant just boosted its reserves by 961 BTC ($97 million), bringing its total holdings to 87,296 BTC, valued at nearly $8.9 billion.
This sustained accumulation is powered by Tether's commitment to reinvesting 15% of its quarterly profits into Bitcoin, a policy launched in 2023. Such strategic moves highlight the immense financial strength and profitability of the stablecoin sector, with profits being seamlessly cycled back into the most reliable digital asset.
Tether’s vast holdings position it firmly within the top private companies globally for Bitcoin ownership, right behind industry giants Block One and MicroStrategy. This growing trend among highly profitable, tech-forward corporations validates Bitcoin's role as a primary, multi-billion-dollar treasury reserve asset.
