Tether Outperforms Most Bitcoin ETFs in Annual Asset Purchases
- Tether has grown its Bitcoin reserves by 27,700 BTC in a year, outpacing most ETFs.
- The total amount of assets on the company's balance sheet reached 100,521 BTC.
- It became the third in the world after Strategy and Block.one.
USDT stablecoin issuer Tether has become one of the largest corporate buyers of bitcoin in the past 12 months, adding more than 27,700 BTC to its reserves — more than a portion of spot exchange-traded funds (ETFs), according to CEO Paolo Ardoino.
Tether ❤️ Bitcoin
Tether added more BTC to its reserves in the last 12 months than all but 3 ETFs, while also contributing to XXI, the 3rd largest Bitcoin Treasury company behind Strategy and MARA.
Thanks to @FarsideUK for the ETF data pic.twitter.com/Ue2xz35JCB
— Paolo Ardoino 🤖 (@paoloardoino) September 8, 2025
According to them, about 7,900 BTC were directly placed in reserves to back USDT, and another 19,800 BTC were transferred to the Twenty One Capital (XXI) digital asset fund, co-invested in by Tether.
The company thus outpaced several mid-tier ETFs in terms of purchase volumes, including VanEck HODL, Bitwise BITB, Ark 21Shares ARKB, and WisdomTree BTCW.
At the same time, the main market players remain ahead: BlackRock IBIT added 394,600 BTC, Grayscale mini Bitcoin Trust – 44,200 BTC, and Fidelity FBTC – 27,900 BTC.
Ardoino noted that the company's strategy is divided between direct support for USDT and long-term investment positions:
“We combine the backing of a stablecoin with an investment approach that includes Bitcoin, gold, and real estate. This allows Tether to remain resilient even in volatile markets.”
Tether began systematically purchasing the first cryptocurrency in May 2023, promising to allocate 15% of quarterly profits to the asset. This policy made the company one of the few major corporate players that officially locks in a portion of profits in Bitcoin.
As of today, Tether's total Bitcoin reserves are 100,521 BTC, or about $11.32 billion at the time of writing. According to Bitcoin Treasuries, this makes the company the third-largest corporate owner of Bitcoin in the world, behind only Strategy and Block.one.
Additionally, in June, Ardoino promised to make Tether the largest Bitcoin miner by the end of 2025.
Source: cryptonews.net
