Tether, the issuer of the world’s largest stablecoin USDt, has ramped up its Bitcoin holdings once again. In the first quarter of 2025, the company acquired 8,888 BTC, worth roughly $750 million, according to on-chain data. The BTC was transferred from a Bitfinex address to a wallet under Tether’s control, bringing its total Bitcoin stash to over 100,000 BTC—valued at approximately $8.46 billion.

The move comes amid rising regulatory concerns in the US. In February, JPMorgan warned that proposed stablecoin regulations could force Tether to divest non-compliant assets like Bitcoin. However, Tether rejected these claims, asserting that the analysts “understand neither Bitcoin nor Tether,” and emphasized that no such laws have been finalized.

Meanwhile, Tether has been flexing its growing financial muscle beyond crypto. The company reported a staggering $13 billion in profit for 2024, making it the seventh-largest holder of US Treasurys—surpassing entire nations like Canada and Taiwan. That profit is fueling aggressive investments across multiple sectors.

Just last month, Tether invested over $10 million in Italian media firm Be Water. Earlier, it acquired a majority stake in Serie A football giant Juventus FC and moved to take over South American agribusiness Adecoagro. It also invested $775 million into video platform Rumble, which recently launched a wallet supporting USDt payments.

USDt remains the most dominant stablecoin, now with nearly 148 billion in circulation. On March 31 alone, Tether minted $1 billion worth of USDt on the Tron blockchain. Industry experts believe stablecoin supply could hit $1 trillion by the end of 2025—positioning Tether to become a major catalyst for global crypto growth.