Overview
- Tether transferred 8,888.8888888 BTC to its reserve wallet on Jan. 1, 2026, capping its Q4 2025 allocation confirmed by CEO Paolo Ardoino.
- The disclosed reserve address now holds about 96,185 BTC valued near $8.4 billion, ranking among the five largest known Bitcoin wallets per on-chain data.
- On-chain analysts estimate total Q4 accumulation at roughly 9,850 BTC (about $876 million), including a 961-BTC Bitfinex withdrawal traced in November.
- Analyst calculations put Tether’s average BTC acquisition cost around $51,100 per coin, implying approximately $3.5 billion in unrealized gains at current prices.
- Bitcoin remains a minority slice of Tether’s reserves alongside large U.S. Treasury holdings and roughly 116 metric tons of gold, a mix that has drawn an S&P downgrade and continued scrutiny.