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Tether reported a profit of $1 billion in the first quarter of 2025, marking a decrease compared to its 2024 profits. Despite the year-over-year profit drop, the company has increased its US Treasury holdings by $3 billion. Over the past year, Tether’s total assets grew from approximately $82 billion to nearly $150 billion, while its liabilities, primarily consisting of outstanding tokens, rose from about $79 billion to $143 billion. The company’s equity has also increased during this period.
🚨 CMC News: Tether Reports Q1 Profit Over $1B, Down From 2024 Despite Treasury Holdings. https://t.co/Pw9MuhjHtW https://t.co/IkHHCUk8EX
Tether has continued to grow over the past year, increasing its total assets from approximately $82 billion to nearly $150 billion. Its liabilities, mostly comprised of outstanding tokens, have also grown from approximately $79 billion to $143 billion. Tether’s equity has also https://t.co/g1uDSVw6pT https://t.co/Wb89AIR0s7
NEW: @Tether_to boasts $1 billion in profit in Q1 2025. https://t.co/BFsOrCQW6u
