Tether moves $70M in Bitcoin to reserve wallet as holdings top 97,000 BTC

By Estefano Gomez · Published April 15, 2026 · 1 min read · Source: Crypto Briefing

Tether moves $70M in Bitcoin to reserve wallet as holdings top 97,000 BTC

Arkham data showed a 951 BTC transfer from Bitfinex to Tether’s reserve wallet, lifting the stablecoin issuer’s holdings to about 97,204 BTC.

Add us on Google by Estefano Gomez Apr. 15, 2026

Tether moved 951 Bitcoin worth about $70 million to a reserve wallet earlier today, according to Arkham tracked wallet activity.

The transfer was made when Bitcoin was trading near $74,200. At press time, Bitcoin was changing hands around $75,000, lifting the stablecoin issuer’s identified holdings to roughly 97,204 BTC, worth about $7.26 billion.

The move appears consistent with Tether’s longer running reserve strategy rather than a sudden change in allocation. In May 2023, the company said it would regularly direct up to 15% of its net realized operating profits toward Bitcoin purchases as part of a plan to strengthen and diversify reserves.

Since then, Bitcoin has become a visible part of Tether’s treasury mix as the company continues expanding the reserves backing USDT, with BTC now accounting for roughly 4.3% of Tether’s reserve assets, according to the company’s transparency reserves report website.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.

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