Terra Bought Another $173 Million Value of Bitcoin

Luna foundation bought another $173 million worth of Bitcoin
 Terra Bought Another $173 Million Value of Bitcoin
READING NOW Terra Bought Another $173 Million Value of Bitcoin

The Luna foundation bought another $173 million worth of Bitcoin.

Luna Foundation Guard (LFG) continues to buy Bitcoin. The foundation, which created a Bitcoin reserve for Terra’s algorithmic stablecoin UST, purchased another $173 million worth of Bitcoin over the weekend. With this purchase, the amount of BTC held by the foundation became 39,897.

LFG also purchased AVAX for $200 million on April 8. Terraform CEO Do Kwon recently said that they plan to purchase $10 billion worth of Bitcoin in the long term.

Bitcoin Down 3%

On the other hand, the decline in Bitcoin continues. Bitcoin, which has lost 3% in the last 24 hours, is trying to protect $ 41,000 as of publication time and is trading at $ 41,032.

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