Vauld Insights 2022-05-06 15:30:00

Terra’s BTC Holdings Surpass That of Tesla After Its Recent $1.5 Billion Worth Of Purchase

Terra’s Luna Foundation Guard (LFG) just bought $1.5 billion in bitcoin for its TerraUSD (UST) stablecoin reserves. Following this, Terra’s BTC holdings nearly doubled from 42,530.82 BTC up to 80,394 BTC, accounting for over $2.9 billion worth of total bitcoin reserves. This further made Terra the second-largest BTC holder, even surpassing Tesla’s BTC portfolio which […]The post Terra’s BTC Holdings Surpass That of Tesla After Its Recent $1.5 Billion Worth Of Purchase appeared first on Vauld Insights.

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