Tortuga on Nostr: Does this reek of tether trying to find sources of large numbers of dollars to back ...

Does this reek of tether trying to find sources of large numbers of dollars to back their printed liquidity or what?

They partner with a US based institution, collecting real dollars, sell them mining equipment and other assets bought with bitcoin or tether dollars, and get paid in real dollars. Liquidity grab? dollar shortage? Banking regulations getting harder to skirt?