Tether acquired 8,888 bitcoin worth $735M in Q1 2025, taking its total holdings to $7.8B and making it the sixth-largest bitcoin holder in a single wallet (Yogita Khatri/The Block)

Yogita Khatri / The Block:
Tether acquired 8,888 bitcoin worth $735M in Q1 2025, taking its total holdings to $7.8B and making it the sixth-largest bitcoin holder in a single wallet  —  Quick Take Tether acquired 8,888 BTC (worth about $735 million) in Q1 2025, following its reserve strategy.