Tether posts $1 billion Q1 profit, hits record reserves and holds $7 billion in Bitcoin
Tether reported over $1 billion in Q1 2026 profit, reaching record reserves with significant holdings in US Treasuries and Bitcoin.Summary
According to a BDO-attested Q1 2026 report, Tether has achieved a profit exceeding $1 billion despite market volatility. The company's excess reserves have risen to approximately $8.2 billion, with total assets reaching roughly $192 billion against $184 billion in liabilities.
The reserve portfolio is heavily weighted toward high-quality liquid instruments, including $141 billion in US Treasuries, $20 billion in gold, and approximately $7 billion in Bitcoin. This composition solidifies Tether's position as one of the world's largest holders of US government debt.
Tether maintains that its excess capital and investments are kept entirely separate from its backing assets, emphasizing its financial resilience and the ongoing global demand for its stablecoin, USDT.
(Source：Crypto Briefing)