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Ethereum World News 2022-03-30 12:19:38

Terra Buys 2,943 Bitcoin for UST Stablecoin Reserve

Terra buys another 2,943 BTC, worth about $139 million, for its UST reserve. Terraform Labs CEO said that the company is looking to become the second-largest holder of bitcoin after Satoshi. UST has experienced a lot of growth recently, with over a YTD market cap growth of 55%. The Luna Foundation has purchased an additional 2,943 BTC, worth about $139 million, for its UST reserve. The bitcoin address for the Luna Foundation Guard (LFG) shows the purchase, and that the […]

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