Tether earns $1B profit in Q1 2026, with reserves hitting $8.2B amid strong Bitcoin and US Treasury holdings

Tether reported a profit exceeding $1 billion in the first quarter of 2026 despite volatile market conditions. The company's reserves reached a record $8.2 billion, backed by approximately $141 billion in US Treasuries, $20 billion in gold, and $7 billion in Bitcoin. Tether remains one of the largest holders of US government debt and maintains a liquidity-heavy portfolio with assets and liabilities carefully separated. This strong financial position highlights ongoing global demand for digital dollars and Tether's resilience in uncertain markets.