Tether and Strategy invested $2.66 billion in Bitcoin
By At the end of the first quarter of 2025, Tether and Strategy jointly invested in bitcoins, making a purchase worth $2.66 billion.
As a part of this operation, on March 31, Tether transferred 8,888 BTC from the Bitfinex exchange’s hot wallet to its own crypto storage. This step indicates that the company bought coins on the Bitfinex trading platform, increasing its digital assets stock to 100,521 BTC, which are currently estimated at $8.34 billion.
Tether keeps cryptocurrencies on its balance sheets as stated in its 2023 plan, whereby up to 15% of profits are invested in bitcoins. Hence, it can be inferred that in the first quarter Tether made a profit of at least $4.9 billion, demonstrating a major success compared to the previous year’s $13 billion earnings.
Strategy, led by Michael Saylor, also joined the bitcoin buyers on March 31, acquiring 22,048 BTC for $1.92 billion at an average price of $86,969. Consequently, Strategy’s portfolio expanded to include 528,185 bitcoins with a total value of $43.98 billion.
Despite Tether and Strategy invested $2.66 billion in Bitcoin, it had little impact on the bitcoin price, which grew by only 0.78% over the past day.
