Terra buys 2.5K BTC ! Will Terra's Hodling Exceed Tesla's BTC Holdings ?
Data from Terra’s wallet confirms that the Luna Foundation Guard (LFG), the nonprofit organization attached to Blockchain protocol Terra, added another 2,500 BTC ($100.4 million) to its reserves Wednesday.
This means that Terra now owns 42,400 BTC ($1.704 billion) — just 800 BTC less than Tesla’s corporate treasury allocation.
From being nearly $200 million in profit on its stash, Terra is now nearly $100 million in the red thanks to the latest Bitcoin price dip.