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Report: Luna Foundation Guard Acquires Over 11,700 Bitcoin Worth $523M

source-logo  coingape.com 26 March 2022 00:39, UTC

Amid the growing adoption of cryptocurrencies among institutional investors, Luna Foundation Guard (LFG) has purchased more than 11,700 Bitcoin. At the current price of $44,705.81, the Bitcoin investment by Luna is worth over $523 million. The Foundation is amassing the top digital asset as a Bitcoin reserve to help TerraUSD (UST), its stablecoin. 

coingape.com