Tether Holdings has purchased 8,888 Bitcoin in the first quarter of 2025, adding $735 million to its reserves, as reported in its latest attestation report. The company now controls $7.8 billion in Bitcoin, significantly increasing from $777 million just three months prior. Tether reported record profits of $4.5 billion for the quarter, with $1 billion derived from substantial U.S. Treasury holdings, totaling $90.87 billion. The remainder of its profits came from mark-to-market gains on Bitcoin and gold. Tether's reserves also include substantial holdings of gold worth $3.65 billion. The firm aims to regularly purchase Bitcoin, committing up to 15% of its net realized operating profits to bolster its reserves. This initiative reflects a recognition of Bitcoin's resilience and potential as a long-term store of value. Despite Tether's growth and the ongoing debate over stablecoin legislation in the U.S., the company insists on its transparent financial practices, which, while not audited, are updated frequently for clarity.

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