Tether Adds $70 Million in Bitcoin to Reserves, Holdings Now Top 97,000 BTC

TLDR

• Tether bought another $70M in Bitcoin, moving 951 BTC from Bitfinex to its reserve wallet
• Tether now holds 97,141 BTC worth around $7.16 billion
• Purchases are funded by up to 15% of Tether’s operating profits, a policy started in 2023
• Strategy bought 13,927 BTC worth $1 billion on April 13, bringing its total to 780,897 BTC
• Bitcoin ETFs saw $411 million in inflows on April 14, led by BlackRock’s IBIT with $213.8 million

Tether, the company behind the USDT stablecoin, has added another $70 million worth of Bitcoin to its reserves. Blockchain data from Arkham Intelligence confirmed the move on April 15, 2026.

The transaction involved 951 BTC withdrawn from the Bitfinex exchange and sent to a wallet labeled “Tether: BTC Reserve.” The wallet address has been previously confirmed by Tether CEO Paolo Ardoino.

Tether’s wallet now holds 97,141 BTC. At current prices, that is worth roughly $7.16 billion. The company did not respond to a request for comment.

This purchase follows a policy Tether introduced in 2023. Under that policy, the company allocates up to 15% of its realized operating profits into Bitcoin. It does not raise outside capital to make these purchases.

Tether reported more than $10 billion in net profit for 2025. That profit was driven by growth in USDT and income from U.S. Treasury holdings.

USDT is the largest stablecoin in the world with a market cap of around $185 billion. Tether holds up to $141 billion in U.S. government debt as part of its reserves, along with $6.3 billion in excess reserves against $186.5 billion in liabilities.

The company has also been building positions in other assets. Its latest report showed $17.4 billion in gold, showing a wider diversification push beyond just Bitcoin.

Institutional Bitcoin Buying Picks Up

Tether is not the only large player adding Bitcoin. Strategy, the largest corporate Bitcoin treasury firm, bought 13,927 BTC on April 13, 2026. That purchase was worth around $1 billion.

Strategy now holds 780,897 BTC in total. It remains the largest corporate holder of Bitcoin by a wide margin.

Bitcoin ETFs also saw strong inflows on April 14. Total inflows across Bitcoin ETFs came in at $411 million that day. BlackRock’s IBIT led with $213.8 million in new flows.

That came after Bitcoin ETFs saw $291 million in outflows the day before. Analysts linked the rebound in inflows to softer U.S. PPI inflation data and easing tensions around U.S.-Iran peace talks.

Bitcoin Price Still Under Pressure

Despite the wave of institutional buying, Bitcoin’s price has remained under pressure. The price dipped below $74,000 in the 24-hour period following these purchases.

Tether’s accumulation pattern suggests the latest purchase may be part of its Q1 2026 buying round. The company has historically made withdrawals from Bitfinex after each quarter ends.

If Tether were a publicly listed company, it would rank as the second largest Bitcoin holder in the world, behind Strategy only, according to bitcointreasuries.net.

The post Tether Adds $70 Million in Bitcoin to Reserves, Holdings Now Top 97,000 BTC appeared first on CoinCentral.