Tether 5th‑largest Bitcoin holder after $876M Q4 2025 buys; holdings 96,185 BTC

In Q4 2025, Tether bought $876 million in bitcoin, lifting its stash to 96,185 BTC and making it the fifth‑largest holder. It moved 961 BTC on November 7 and 8,888.8 BTC on January 1, and now sits on an unrealized gain as prices hover around $88,700.