[Tether Holds 87,000 BTC, Unrealized Profit of $4.549 Billion] On-chain data shows that Tether's current BTC reserve address holds 87,296 BTC, valued at approximately $8.84 billion, making it the sixth-largest BTC wallet. These BTC have been purchased by Tether since 2023 using 15% of the company's profits, with an average purchase price of around $49,121. Currently, Tether's BTC reserves have an unrealized profit of approximately $4.549 billion. Previously, Tether only withdrew the BTC purchased during the quarter from Bitfinex on the last day of each quarter.