Do Kwon, founder of Terra (LUNA) Created to support UST Bitcoin (BTC) continues to replenish its reserves.
Do Kwon, who has been on the agenda with Bitcoin purchases recently, said in a statement last week that the LUNA Foundation Guard (LFG), UST to support long-term BTC reserve He said his goal was $10 billion.
for the target bitcoin Continuing its acquisitions, Terra founder Kwon today He bought another 2,943 Bitcoins worth $140 million.
Terra’s Bitcoin wallet, along with the recent purchase, showed that total BTC reserves have now exceeded 30,000 BTC, worth about $1.5 billion.
“We Will Become The Biggest Bitcoin Holders!”
After the news of the BTC purchase Chinese crypto correspondent Coiln Wu In his post on his twitter account, in a program attended by Terra founder Do Kwon, “the world’s largest Bitcoin (BTC) He said he said they would own it.
“Terra founder Do Kwon said that in the future, they will become the world’s largest single Bitcoin owner outside of Satoshi Nakamoto. He emphasized that the UST’s Bitcoin reserve target remains at $10 billion.”
In a video program, Terra founder Do Kwon said that they will become the world’s largest single Bitcoin holder other than Satoshi Nakamoto in the future. He emphasized that the UST’s Bitcoin reserve target remains at $10 billion. https://t.co/fcdjKTnzhY
— Wu Blockchain (@WuBlockchain) March 30, 2022
of Do Kwon UST stablecoin Since announcing its $10 billion Bitcoin reserve plan for Bitcoin, the LUNA price has skyrocketed, reaching an all-time high of $109.66 on March 29. However, Kwon of LUNA He thinks the price will go higher.
CoinMarketCap 8th place in terms of market value according to the data LUNAIt is trading at $106.67, up nearly 2.37% in the last 24 hours.
*Not investment advice.