According to Odaily Planet Daily, based on monitoring by on-chain analyst Ember, Tether currently holds 87,296 BTC (worth $8.84 billion) in its BTC reserves, making it the sixth largest BTC wallet. The BTC held in this wallet were purchased by the company using 15% of its profits since 2023, previously withdrawn only from Bitfinex on the last day of each quarter. Based on the price at which they withdrew from Bitfinex, the average purchase price of these BTC was approximately $49,121, currently representing a floating profit of $4.549 billion.