Terra's Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million – Bitcoin News

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Terra's Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million – Bitcoin News
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On Sunday, April 10, 2022, the Terra (LUNA) project and Luna Foundation Gaurd (LFG) acquired 4,130 bitcoin worth $176.1 million.

On Sunday, April 10, 2022, the Terra project and Luna Foundation Gaurd acquired 4,130 bitcoin worth $176.1 million at the time of settlement. Using today’s bitcoin exchange rates, LFG now has a total of 39,897.98 bitcoin worth $1.7 billion.

Two days ago, the Luna Foundation Gaurd a partnership with the Avalanche Foundation and disclosed it would be purchasing $100 million worth of avalanche in an over-the-counter exchange. The $100 million in AVAX is meant to diversify the reserves held for the project’s UST Decentralized Forex Reserve.

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