"Tether moved 951 BTC worth roughly $70.5 million from a Bitfinex hot wallet into its bitcoin reserve on April 15, 2026, bringing its total holdings to 97,141 BTC."
"The transfer is an internal shift, moving bitcoin from the exchange's hot wallet into a Tether-labeled cold reserve address, likely for security and accounting purposes."
"At current prices near $74,000 per coin, Tether's 97,141 BTC reserve carries a market value exceeding $7.1 billion, with unrealized gains of approximately $2.175 billion."
On April 15, 2026, Tether transferred 951 bitcoin, valued at approximately $70.5 million, from a Bitfinex hot wallet to its bitcoin reserve address. This transfer increased Tether's total bitcoin holdings to 97,141 BTC, making it the second-largest known private corporate bitcoin holder. Tether allocates up to 15% of its quarterly net profits to bitcoin purchases, indicating ongoing institutional accumulation. The transfer is part of a consistent pattern of internal shifts for security and accounting purposes, with Tether reporting unrealized gains of about $2.175 billion on its bitcoin position.
Read at news.bitcoin.com
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