“The purchase is part of Tether’s strategy to use up to 15% of its quarterly profits for bitcoin acquisitions.”, — write: www.coindesk.com
The transfer, worth roughly $780 million at current prices, reinforces a strategy that has quietly made the world’s largest stablecoin issuer one of bitcoin’s biggest corporate holders.
The purchase follows a policy Tether introduced in 2023 to allocate up to 15% of its realized quarterly operating profits to bitcoin purchases, effectively turning the company into a systematic accumulator rather than an opportunistic buyer.
These accumulations matter because Tether’s profits are directly tied to the cash-like assets backing USDT, primarily short-term US Treasuries and repos. That means higher rates and strong demand for stablecoins can translate into more operating profit and, by extension, more bitcoin purchases.
Unlike corporate buyers that raise capital specifically to buy BTC, Tether’s approach is closer to an internal treasury strategy.
It uses excess earnings to diversify reserves without touching the assets backing its stablecoin liabilities, while still keeping the bulk of its backing in highly liquid instruments.
The timing is also notable. Bitcoin has struggled to sustain rallies into year-end, with liquidity thinning across venues and risk appetite uneven.
BTC was trading around $89,000 by mid-day Hong Kong time.
KuCoin captured a record share of centralized exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the broader crypto market.
- KuCoin recorded over $1.25 trillion in total trading volume in 2025equivalent to an average of roughly $114 billion per monthmarking its strongest year on record.
- This performance translated into an all-time high share of centralized exchange volumeas KuCoin’s activity expanded faster than aggregate CEX volumeswhich slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly spliteach exceeding $500 billion for the year, signaling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activityreinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activityindicating structurally higher user engagement rather than short-lived volume spikes.
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The breakout was supported by spot activity, indicating a healthier market move.
- Dogecoin surged to $0.126, breaking the $0.121 resistance with significant trading volume.
- The breakout was supported by spot activity, indicating a healthier market move.
- DOGE needs to maintain above $0.1245 to target the next resistance zone at $0.132–$0.134.
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