Terra Buys Additional 2,500 BTC Worth $100.4 Million To Fund UST Stablecoin

information from the walletconfirmThe Luna Foundation Guard (LFG), a non-profit connected to the Blockchain protocol Terra, purchased an additional 2,500 BTC, or $100,4 million, to the UST Stablecoin reserve on April 13.

This means that Terra currently owns a total of 42,400 BTC, which is approximately $1.704 billion.

Terra’s wallet is the 18th largest in the Bitcoin network. However, BTC isn’t the only asset LFG is eyeing after LFG also bought AVAX for $200 million earlier this month.

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