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Tether Adds 951 BTC, Holdings Rise to 97,141 BTC; Now the Fifth-Largest On-Chain Bitcoin Wallet

A Bitcoin reserve address linked to Tether has withdrawn 951 BTC—worth about $70.47 million—from Bitfinex, reflecting part of its purchases in Q1 2026. Since 2023, the address has steadily accumulated bitcoin using roughly 15% of the company's profits and typically moves the coins off Bitfinex after each quarter closes. The wallet now holds around 97,141 BTC, valued at roughly $7.2 billion, making it the fifth-largest Bitcoin wallet on-chain.
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