Luna Foundation Grows Its BTC Reserves Again, Adds $100M of the Cryptocurrency

Luna Foundation Grows Its BTC Reserves Again, Adds $100M of the Cryptocurrency

(Twitter) The Luna Foundation Guard has bought another $100 million worth of BTC as the price of the cryptocurrency edges lower.

The latest buy means that LFG now holds about 42,410 BTC in its wallet, with the prices of the largest cryptocurrency experiencing weaknesses to trade at below $40,000 on Wednesday.

LFG wallet now has about $1.7 billion worth of BTC, with $549.84 million in other USD-denominated stablecoins and $14.74 million worth of Terra.

Luna has a goal to hold $10 billion of Bitcoin, setting to become the second-largest BTC wallet after Binance’s cold wallet. 

BTCUSD is down -0.62%, LUNAUSD is up +0.03%

Our Experts


Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

Reva Green

Reva Green is the Senior Editor for website. An experienced media professional, Reva has close to a decade of editorial experience with a background.

Shandor Brenner

Shandor Brenner, an experienced writer at fxaudit.com, brings a wealth of knowledge with over 20 years in the investment field.

Leave a Reply

CAPTCHA ImageChange Image