Terra’s wallet data confirms that the organization bought another 5,040 BTC on April 6. Thus, the company’s bitcoin reserve is 35768 bitcoins.
Recently, Terra co-founder Do Kwon said he plans to create a decentralized bitcoin reserve to secure the TerraUSD Stablecoin (UST).
The reserve is planned to be backed by $10 billion worth of bitcoins.
Holpop News
Holpop News
Blockchain company Terra bought more than 5,000 BTC
posted on April 6, 2022 by holpop in Blockchain
