Key Highlights
- Tether transferred 951 BTC valued at $70M from Bitfinex into its dedicated reserve wallet
- The stablecoin issuer’s Bitcoin reserves now total 97,141 BTC, valued at approximately $7.16 billion
- Bitcoin acquisitions come from allocating up to 15% of operating profits, a strategy implemented in 2023
- Strategy acquired 13,927 BTC for $1 billion on April 13, expanding holdings to 780,897 BTC
- Spot Bitcoin ETFs attracted $411 million in capital on April 14, with BlackRock’s IBIT leading at $213.8 million
The stablecoin giant Tether has expanded its Bitcoin reserves with a fresh $70 million acquisition. On-chain intelligence from Arkham Intelligence tracked the transaction on April 15, 2026.
The operation consisted of moving 951 BTC from cryptocurrency exchange Bitfinex into a designated storage wallet identified as “Tether: BTC Reserve.” Tether CEO Paolo Ardoino had previously verified this wallet address.
With this addition, Tether’s reserve wallet now contains 97,141 BTC. Based on current market values, the holdings represent approximately $7.16 billion in value. The company declined to provide additional commentary when contacted.
This acquisition aligns with a capital allocation framework Tether established in 2023. According to this framework, the organization commits as much as 15% of its realized operational earnings toward Bitcoin accumulation. These purchases are funded entirely through internal profits rather than external capital raises.
Tether disclosed over $10 billion in net earnings for 2025. The revenue stemmed from expanding USDT circulation and returns generated from its U.S. Treasury portfolio.
USDT maintains its position as the world’s dominant stablecoin with approximately $185 billion in circulating supply. Tether’s reserve structure includes up to $141 billion in U.S. government securities, supplemented by $6.3 billion in surplus reserves backing $186.5 billion in outstanding obligations.
The firm has simultaneously diversified into alternative reserve assets. Recent disclosures revealed $17.4 billion in gold holdings, demonstrating a strategic move beyond cryptocurrency reserves.
Corporate Bitcoin Accumulation Accelerates
Tether isn’t alone in accumulating Bitcoin. Strategy, which operates the largest corporate Bitcoin treasury, purchased 13,927 BTC on April 13, 2026. The transaction totaled approximately $1 billion.
Strategy’s cumulative position now stands at 780,897 BTC. The company maintains an overwhelming lead as the top corporate Bitcoin holder globally.
Spot Bitcoin ETFs experienced robust capital inflows on April 14. Aggregate inflows reached $411 million across all products. BlackRock’s IBIT dominated with $213.8 million in fresh capital.
This represented a reversal from the previous session, which saw $291 million in net outflows from Bitcoin ETFs. Market observers attributed the turnaround to encouraging U.S. PPI inflation figures and reduced geopolitical tensions surrounding U.S.-Iran diplomatic negotiations.
Bitcoin Faces Continued Price Headwinds
Despite significant institutional accumulation activity, Bitcoin’s price continues facing downward pressure. The cryptocurrency fell beneath the $74,000 threshold during the 24 hours after these major purchases.
Tether’s buying behavior indicates this recent acquisition likely represents its Q1 2026 accumulation cycle. Historical patterns show the company typically executes Bitfinex withdrawals following quarterly reporting periods.
According to data from bitcointreasuries.net, if Tether operated as a publicly traded entity, it would secure the second-largest Bitcoin holder position globally, trailing only Strategy.
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