How Much Bitcoin Does Tether Own?

Entity Country # of BTC Value Today % of 21m
Tether Holdings LTD 75,354 75354 0.359%

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How Much Bitcoin Does Tether International Limited Own?

Tether International Limited is estimated to be holding approximately 75,354 bitcoins as of April 1, 2024 based on announcements by the company(4).

Tether International Limited, the company that launched and manages the stablecoin Tether (USDT), announced in "Tether’s Q1 2023 Assurance Report" that it would hold bitcoin as a reserve currency.(3). In August 2023, Bitcoin Magazine reported that Tether purchased an additional 1,529 bitcoin for 45.4M USD during the second quarter of the year.

This further confirms statements made by Tether on how they will invest in asset reserves:

Tether will regularly allocate up to 15% of its net realized operating profits towards purchasing Bitcoin (BTC)(1).

What Does Tether International Limited Do?

Tether International Limited is a provider of the stablecoin Tether.

This is a blockchain digital currency that is backed 1 for 1 with the fiat currency used for the purchase of the token.

Tether can be purchased in US dollars (USD), euro (EUR), Mexican Peso (MXN), and offshore Chinese yuan (CNH).

Represented by ₮, Tether tokens are denoted as USD₮, EUR₮, MXN₮, CNH₮. So $1 of Tether (USDT) will always be worth $1. That is why it is considered a stablecoin.

Who Owns Tether International Limited?

Tether International Limited is owned by iFinex Inc. a Hong Kong-based company that also owns the cryptocurrency exchange Bitfinex.

Why is Tether International Buying Bitcoin?

Tether International Limited is purchasing bitcoin as part of its company reserves.

What other Assets Does Tether Buy?

In addition to bitcoin purchases, Tether has invested a large percentage of assets in US Treasury Bills and gold. The remainder of the asset's value is held in cash, cash equivalents, and other short-term deposits. Tether is the largest private purchaser of U.S. Government Treasury Bills - only other governments buy more.(2)

Total of Bitcoins Owned by Entities

Category # of BTC Value Today % of 21m
ETFs 1015729.0111 1015729.0111 4.837%
Countries 566276.7 566276.7 2.697%
Public Companies 309646.6 309646.6 1.475%
Private Companies 525460 525460 2.502%
BTC Mining Companies 46741.6 46741.6 0.223%
Defi 155986 155986 0.743%


Learn More About Other Entities Owning Bitcoin

Entity Country # of BTC Value Today
174 174.31
9,050 9050.27
4,930 4930.0
1,226.7 1226.75
5,956 5956
7926.7 7926.75
33,501 33501.0
43,530.7 43530.77
151,875 151875.22
272,548.5 272548.58
200,000 200000
5,689.69 5689.7
309,871 309871.38
8,490 8490
9,102 9102
75,354 75354
8,100 8100
9,000 9000
17,381 17381
8,027 8027
9,720 9720

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Get notified when any company, country or ETF on our treasuries list gets its balance updated.

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