
Tether goes on a BTC buying spree, snags $735M more in Q1, now hoarding $8.2B! 🚀
Date: 2025-04-01 06:08:13 | By Percy Gladstone
Tether Goes Big: Snags 8,888 More Bitcoins in Epic Q1 Finale!
USDT Giant Pumps Billions into Crypto and Beyond
Hang onto your hats, crypto fans! Tether, the powerhouse behind USDT, just dropped a cool $735 million on 8,888 Bitcoins as Q1 2025 wrapped up. That's right, they're not messing around, boosting their Bitcoin stash to a whopping 100,521 BTC, valued at around $8.29 billion. Talk about a power move!
This isn't just a one-off splurge. Tether's been on a roll, sticking to their guns by funneling 15% of their profits into Bitcoin since May 2023. And they're not stopping there. Their crypto portfolio is stacked with $5.16 billion in USDT, $215.85 million in XAUT, and $46.17 million in AUSDF. These guys are playing for keeps!
But wait, there's more! Tether's not just about the digital dough. They've been making waves in the real world too. On March 27, they upped their game in Latin America, snagging a 70% stake in Adecoagro, a big-time agricultural firm. It's all part of their mission to back companies that champion economic freedom, especially in up-and-coming markets.
And they're not done yet. Tether's got its sights set on the Italian media scene, planning to grab a 30% stake in Be Water. These folks are spreading their wings across industries like never before.
Last year was a blockbuster for Tether, raking in a record-breaking $13.7 billion in profits. They've solidified their spot as the top dog in the stablecoin game, issuing a staggering $45 billion in USDT. With a market cap of $144 billion, USDT now owns a massive 61% of the stablecoin market, leaving rivals like USD Coin (USDC) in the dust with its $60 billion market cap.
But Tether's not just about the crypto hustle. They're playing it safe too, keeping $7 billion in extra stablecoin reserves to back every USDT they issue. And they're making big moves in traditional markets, snagging the title of the seventh-largest buyer of U.S. Treasury securities in 2024 with a $33.1 billion investment. That's right, they're outpacing countries like Canada, Mexico, and Germany. Tether's not just in the game; they're changing it!

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