Tether, the issuer of the USDT stablecoin, has made headlines by acquiring 8,888 Bitcoin valued at approximately $750 million during the first quarter of 2025. This purchase brings Tether's total Bitcoin holdings to over 100,000 BTC, worth around $8.5 billion. The acquisition, which occurred amid a market downturn, positions Tether as one of the largest holders of Bitcoin, now controlling about 0.5% of the total Bitcoin supply. The average purchase price for the newly acquired Bitcoin was reported to be approximately $82,700 per coin. Tether's increasing Bitcoin reserves reflect its ongoing strategy to bolster its asset base in the cryptocurrency market.