Luna Foundation Guard bought another $173 million worth of bitcoins over the weekend

Home / Luna Foundation Guard bought another $173 million worth of bitcoins over the weekend

Luna Foundation Guard bought another $173 million worth of bitcoins over the weekend

posted on April 11, 2022 by in Blockchain

Luna Foundation Guard (LFG), the organization that backs the TerraUSD algorithmic stablocoin, bought $173 million worth of bitcoin over the weekend.
LFG now has 39,897.98 BTC (about $1.67 billion) in its wallet.
LFG made a series of digital asset purchases last week: On April 6, the company bought $230 million worth of bitcoins, and on April 8, it bought $200 million worth of AVAX.
Terra founder Do Kwon previously said that the fund plans to buy $10 billion worth of BTC.

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