In the first quarter of 2025, Tether, the issuer of USDT, continues to make confident strides in the cryptocurrency world by expanding its Bitcoin reserves and diversifying investments.
Increase in Bitcoin Reserves
During the first quarter of 2025, Tether added 8,888 bitcoins to its reserves, equivalent to $735 million. This brings the company’s total Bitcoin holdings to 100,521 BTC, worth $8.29 billion. The strategy of investing 15% of profits from other activities into Bitcoin was first announced in May 2023. Tether is now the sixth-largest holder of Bitcoin.
Stablecoin Market and Tether's Position
Tether maintains its leading position in the stablecoin market, holding 61% with a market valuation of $144 billion, significantly surpassing its nearest competitor, USD Coin (USDC), which has a market cap of $60 billion. In the competitive market, Tether also issued $1 billion in new USDT on the Tron network, bringing the total supply to over $8 billion.
Tether's Investment Diversification
As part of its diversification strategy, Tether increased its stake in the Latin American agribusiness firm Adecoagro to 70% and plans to acquire 30% of Italy’s media company Be Water. The company also invested $33.1 billion in U.S. Treasury securities, becoming the seventh-largest holder of such assets.
Tether's strategy to strengthen its position through expanding Bitcoin reserves, increasing market share in stablecoins, and diversifying investments reinforces its stance in the fintech and cryptocurrency world.
