Tether’s $735M Bitcoin Purchase Defies Market Slump – Here’s Why

TL;DR Tether acquired 8,888 BTC in Q1 2025, becoming the sixth-largest Bitcoin holder globally, with a total of 92,647 BTC. The purchase was made despite a 12% drop in Bitcoin’s price, reinforcing Tether’s long-term strategy of holding BTC as a reserve asset. As competition in the stablecoin market heats up, Tether is diversifying into emerging. . . source: https://crypto-economy.com/tethers-735m-bitcoin-purchase-defies-market-slump-heres-why/