Luna Foundation Guard bought another $173 million worth of bitcoin (BTC) over the past weekend.
The non-profit Luna Foundation Guard (LFG) has bought a large amount of bitcoin again just days after it bought $230 million in bitcoins.
The Singapore-based organization is seeking to meet the reserves of TerraUSD (UST), the largest stablecoin in the Terra ecosystem. buy billions of dollars worth of bitcoin is planning.
As can be seen from the blockchain wallet, Luna Foundation Guard on April 10 in total More than 4,100 bitcoins he bought.
With these transactions, the total amount of bitcoin in LFG’s wallet reaching almost 39 thousand 900 It has approached the 40 thousand threshold.
Terra’s founder, Do Kwon, took to social media last month. in a post he made Bitcoin worth more than $10 billion in total He said he was planning to buy it.