Luna Foundation Treasury Holds Almost 40,000 BTC After Weekend Purchase

2 years ago

The Luna Foundation Guard (LFG), the treasury that backs the TerraUSD algorithmic stablecoin, added $173 cardinal successful bitcoin to its wallet implicit the play via a bid of buys.

  • LFG present has 39,897.98 bitcoin successful its wallet, worthy astir $1.67 billion.

  • Terra’s laminitis Do Kwon has antecedently said that the instauration plans to get $10 cardinal successful bitcoin to “open a caller monetary epoch of the bitcoin standard.”

  • The terms of bitcoin didn’t look to determination connected the news, arsenic it's down astir 2% successful the past 24 hours to $42,037 according to CoinDesk marketplace data.

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