If they are thinking to increase their BTC reserves it's great but it is again alarming for us because it will lead to more volatility in the market if any fud occurs similar to the LUNA.
Honestly, this is what I'm thinking. Since Luna is also associated to Terra/USTC, I am having that feeling that this could also lead to the same thing as them but it could also be entirely different.
The problem with Luna was that he made UST to be an algorithmic stable coin. The way both stable coin works are different. What you can compare with USDT is USDC. See what happened to USDC recently as it depegged, but later increased back to normal price. Tether still have 85% of his asset as fiat. The second problem of Luna was the team behind the project and how Luna falled, not even bitcoin.
I think I have compared it because they did the same of investing in Bitcoin and didn't managed it properly so it fell. But yeah, you're right it's all about the team.
While Luna and UST's management have really something into their minds to do some dirty work then Tether has proven themselves that they've got reserves.
Anyway, that's just all what I've thought of and hopefully this would encourage others to focus and buy Bitcoin. Whether they're an enterprise or just an individual who still thinks whether to buy Bitcoin or not.