Secretly adding $1 billion! Tether is once again "betting" on the company's future, is the Bitcoin whale waking up?

Tether increased its holdings by 961 Bitcoins on November 7, 2025, valued at approximately $973 million. This continues its long-term Bitcoin investment strategy and further solidifies its position as a significant institutional holder in the Bitcoin market.

1. Tether's Bitcoin Investment Strategy and Model

Tether's investment in Bitcoin is not a one-time action, but rather a systematic, long-term structural accumulation process. The core of its investment strategy is to regularly allocate a portion of the company's net profit (up to 15%) into Bitcoin. On-chain data analysis shows that Tether's accumulation behavior exhibits a high degree of regularity, usually operating on a quarterly basis. For example, at the end of the third quarter of 2025, the company made a one-time acquisition of 8,889 Bitcoins, worth approximately $1 billion. This "only in, no out" accumulation model makes its holding behavior similar to that of a national sovereign wealth fund. The purchase on November 7 can be seen as another routine operation under this established strategy.

2. The market background and potential impact of increased holdings.

The recent increase in holdings occurred against the backdrop of Bitcoin's price rebounding from recent lows. As the world's largest stablecoin issuer, Tether's ongoing and large-scale purchasing activities provide a stable structural demand source for the Bitcoin market. This investment, driven by its strong profitability (Tether was reported to potentially be valued at around $500 billion by October 2025, with substantial profits), makes its actions less susceptible to short-term market fluctuations, thereby providing some support to the market. The company's CEO, Paolo Ardoino, has also publicly stated that they will continue to invest a portion of their profits in safe assets like Bitcoin.

3. Strategic Intent and Potential Risk Analysis

Tether's strategic intent to increase its holdings in Bitcoin is multifaceted. From a financial perspective, this helps to strengthen its own net assets, and if the price of Bitcoin rises, it will generate substantial unrealized gains, theoretically providing an additional safety cushion for USDT. At the same time, this is also a way for it, as a company deeply engaged in the crypto field, to diversify its asset allocation and hedge against the risks of traditional financial assets. However, this strategy also comes with potential risks. Since Tether is a private company, the investment decision-making process and risk management framework for its massive Bitcoin position (which currently holds a significant total amount) have limited transparency to the outside world. Market concerns are that if, in the future, Tether is forced to sell its holdings due to legal, regulatory, or commercial reasons, such a large-scale concentrated sell-off could have a significant impact on the market.