Bitcoin Accumulation: Here’s The Massive Tether Buy That Has Got The Community Talking

NewsBTCOct 2, 2025 1:30 PM

View all comments（0）



USDT issuer Tether has added a significant amount of Bitcoin to close out the third quarter, a development that has caught the attention of the crypto community. Tether’s CEO, Paolo Ardoino, also confirmed this purchase, as the company ranks among the largest BTC treasury companies.

Tether Adds 8,889 BTC To Bitcoin Holdings

Arkham data shows that Tether bought 8,889 BTC for $1 billion, with the coins transferred from Bitfinex’s hot wallet to the USDT issuer’s Bitcoin reserves wallet. The company now holds 86,335 BTC, which is valued at $10.23 billion. Ardoino also confirmed the purchase in an X post, highlighting their effort to keep accumulating BTC.

BitInfoCharts data shows that Tether is currently one of the largest Bitcoin holders, controlling 0.4% of the flagship crypto’s supply. Meanwhile, based on BitcoinTreasuries data, the USDT issuer will rank as the second-largest BTC treasury company, just behind Michael Saylor’s Strategy.

Notably, Tether also has more Bitcoin exposure through its stake in Twenty One Capital (XXI), which is currently the third largest BTC treasury company, behind Strategy and Mara Holdings. XXI holds 43,514 BTC on its balance sheet, some of which it received from Tether as part of the USDT issuer’s investment.

Meanwhile, Tether has made it clear that it intends to continue buying as much Bitcoin as possible. Ardoino stated last month that while the world continues to become darker, they will continue to invest part of their profits in safe assets like BTC, gold, and land. This came as he clarified that his company wasn’t selling Bitcoin to buy more gold but was instead buying both assets for their reserves.

It is worth mentioning that Tether generates the most revenue among crypto protocols. DeFiLlama data shows that the stablecoin issuer has earned $22.27 million in revenue in the last 24 hours and $155.27 million in the last seven days. As such, the firm makes enough profits to keep buying BTC.

The Bottom For BTC

Notably, Tether’s latest Bitcoin purchase came just as the BTC price bottomed out. The USDT issuer had bought these coins when the flagship crypto was trading at around $110,000. Since then, BTC has staged a parabolic rally, beginning this month with a gain of around 6%. Bitcoin had dropped to as low as $108,000 about a week ago.

Bitcoin is expected to record significant gains this month based on historical data. October is its second-best performing month, recording average gains of 20% over the years. Factors like a Fed rate cut could also help spark massive gains for the flagship crypto.

At the time of writing, the Bitcoin price is trading at around $118,400, up over 3% in the last 24 hours, according to data from CoinMarketCap.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

US Stocks Mixed as Dow Drops 160 Points; Tech Stocks Lead, Meta Rises 4.5%

The top leaders of China and the U.S. met in the United States, alongside reports that U.S.-Iran negotiations were seeking to reopen the Strait of Hormuz. U.S. stocks recovered part of their losses, with technology stocks leading the gains. At the close, the Dow Jones Industrial Average fell 0.31% to 51,349.98; the Nasdaq Composite Index rose 0.01% to 26,939.37; and the S&P 500 Index dipped 0.02% to 7,704.13.

Meta Stock Forecast: Muse Monetization Path Is Key as JPMorgan Raises Price Target to $920; Can Stock Hit Record High?

On September 24, Eastern Time, Meta Platforms (META) reached an intraday price of $777.89, hitting a nearly one-year high. Following the Meta Connect event, JPMorgan raised its price target on the company from $820 to $920 while maintaining an Overweight rating. The core reason is that the monetization path for Muse is becoming increasingly clear, leaving the bank more optimistic about Meta's growth potential beyond advertising.

Oracle Tumbles 7% as Project Jupiter Data Center Force Majeure Notice Sparks Delay Concerns

On September 24, Oracle (ORCL) fell as much as 5% in pre-market trading and dropped over 7% after the market opened. Sparking market concerns was a force majeure notice issued by the company regarding Project Jupiter, a large-scale data center in New Mexico. Investors' focus is shifting from massive AI orders to delivery timelines and capital recovery. According to Bloomberg, Oracle has sent a formal notice to developer Stack Infrastructure, seeking to delay payments if the project fails to become operational as planned in 2028. This move does not imply exiting its position as the primary tenant, nor does it mean a payment waiver has been granted. Oracle maintained that the project is proceeding according to schedule, but did not specifically address the notice itself.

Meta Connect 2026 New Product Roundup: Muse Integrated Into AI Glasses, Can It Drive Meta Revenue Growth?

TradingKey - At the Connect 2026 conference held from September 23 to 24, Meta (META) unveiled the Ray-Ban Meta Audio, third-generation Ray-Ban Meta, and Meta VR Glasses, while upgrading the Meta Ray-Ban Display. The company also announced the integration of its personal AI agent, Muse, into its AI glasses, expanding its product scope from mobile phones and social apps to wearable devices.

The Week Ahead: US-China Summit in Washington, Costco Earnings and Fed Rate Path in Focus

TradingKey - During the week of September 21 to 25, Eastern Time, the US stock market will focus on the meeting between Chinese and US leaders, the Federal Reserve's policy outlook, and economic data such as US new home sales and durable goods orders.

Featured Tools