Global markets are navigating a volatile period as President Trump is expected to announce new tariffs on Thursday. These tariffs will take effect immediately, adding further uncertainty to an already challenging market landscape. Bitcoin rose alongside U.S. stocks yesterday, climbing back above $85,000, while Tether, the largest stablecoin issuer, disclosed its purchase of 8,888 Bitcoin worth approximately $735 million in the first quarter. 8,888 Bitcoins purchased by Tether puts them in the sixth-largest Bitcoin holder position. This move follows Tether’s ongoing commitment to diversify and strengthen its reserves with a strategic investment strategy that allocates 15% of quarterly profits towards Bitcoin purchases. The company is also financially stable, with a full-year profit reaching $13 billion in 2024.