$BTC According to Bitcoin News, the latest report from Tether (USDT) reveals that the company holds over $7.6 billion in Bitcoin (BTC), raising the total reserve asset value to a record level.
Tether's Bitcoin Reserve Details:
Reserve BTC value: > $7.6 billion (equivalent to ~110,000-120,000 BTC at current prices).
Long-term position: Tether views Bitcoin as a strategic reserve asset, alongside US bonds and gold.
Purpose:
Portfolio diversification, reducing dependence on USD.
Leverage the price appreciation potential of BTC to enhance the stability of USDT.
Context From Q1/2025 Report:
US bond reserves: ~ $1.2 trillion (the largest share).
Profits from traditional investments (non-crypto): > $1 billion, mainly due to bond/gold interest.
Total assets: ~ $149.3 billion, far exceeding total liabilities (~ $143.7 billion).