Tether's Bitcoin Reserve Hits $7.2 Billion as Profit-Linked Buying Program Continues
AP
Arlo Pendleton
Tether USDT · Apr 15, 2026
Source: DojiDoji Data Terminal
Tether's Bitcoin reserve now exceeds $7.1 billion, with total holdings reaching 97,141 BTC. This follows a transfer of 951 BTC, worth approximately $70.5 million, from a Bitfinex hot wallet into a dedicated reserve address on April 15, 2026.
This movement aligns with a policy established in 2023, where Tether allocates up to 15% of its quarterly net realized operating profits toward Bitcoin purchases. The company has reported unrealized gains of approximately $2.175 billion on the position and has not sold any Bitcoin from the reserve since the program began.
Tether and Bitfinex share the same parent company, making the transfer an internal shift for security and accounting purposes. While the Bitcoin reserve makes Tether the second-largest private corporate Bitcoin holder, it represents a minority share of its total assets. The bulk of Tether's reserves, which back the more than $185 billion in circulating USDT, exceed the Bitcoin holdings in cash equivalents and U.S. Treasuries.
Tether USDTETF inflows data
The Ledger Morning
The essential intelligence to start your trading day. Delivered 6:00 AM EST.
Join 50,000+ professionals who start their day with The Digital Ledger.