New convenient one‐pot method for reduction of hetarenediazonim tetrafluoroborates to the hetarylhydrazine derivatives was developed. Interaction of 8‐carboxyethyl‐3‐(tert‐butyl)‐4‐oxo‐4,6‐dihydropyrazolo[5,1‐c][1,2,4]triazine‐7‐diazonium tetrafluoroborate with anhydrous SnCl2 in anhydrous CF3CO2H, and further sequence of one‐pot operations led to formation of various derivatives of the unstable ethyl 3‐(tert‐butyl)‐7‐hydrazinyl‐4‐oxo‐4,6‐dihydropyrazolo[5,1‐c][1,2,4]triazine‐8‐carboxylate (hydrochloride, hydrazides, hydrazones, and pyrazoles), which were isolated in high yields. The anhydrous conditions were first used with SnCl2 and allowed to exclude hydrolysis of the ester group and formation of the by‐products.