Tether buys more BTC

Tether moved about $70.5 million in bitcoin into its reserves this week, according to on-chain data and crypto news reports. (bitcoinmagazine.com; blockonomi.com) Those reports said the purchase lifted Tether’s bitcoin holdings to about 97,141 bitcoin, worth roughly $7.16 billion to $7.19 billion at prevailing prices. Tether’s own latest published market report, dated February 4, 2026, said it held 96,184 bitcoin at the end of the fourth quarter of 2025. (blockonomi.com; tether.io) Bitcoin was trading in the mid-$74,000 range around the same period. CoinMarketCap’s historical data shows bitcoin closed at $74,805.08 on April 15, 2026, with daily volume of about $38.09 billion. (coinmarketcap.com) Tether is the company behind USD₮, a digital token designed to track the United States dollar one-for-one. The company says reserve assets exceeded liabilities by $6.3 billion as of December 31, 2025, and that total reserves reached nearly $193 billion. (tether.io; tether.io) Its bitcoin position is only one part of that reserve mix. Tether’s February 2026 market report said the company also had $141.6 billion of total exposure to United States Treasuries and 127.5 metric tons of gold at the end of the fourth quarter. (tether.io) The new purchase adds to a strategy Tether has been describing for more than a year: keeping a slice of reserves in assets beyond cash-like instruments. In its January 30, 2026 attestation announcement, Tether said it managed reserves across United States Treasuries, digital assets and other investments, while keeping proprietary investments outside the assets backing issued tokens. (tether.io) Supporters of that approach argue bitcoin gives Tether upside when crypto markets rise. Critics have long argued that reserve assets backing a dollar-linked token should stay concentrated in highly liquid, lower-volatility holdings such as Treasury bills and cash equivalents. (tether.io; tether.io) For now, the immediate shift is numerical: from 96,184 bitcoin on Tether’s last official quarter-end report to roughly 97,141 bitcoin after the latest transfer reports. If bitcoin stays near $74,000, that keeps Tether’s stash above $7 billion. (tether.io; bitcoinmagazine.com; coinmarketcap.com)