Terra Purchased Bitcoin (BTC)
Terra purchased Bitcoin (BTC). Terra, known for his LUNA cryptocurrency, bought $180 million worth of Bitcoin.
As it is known,
Terraform Labs continues to regularly purchase Bitcoin (BTC) to support the UST reserve. The company has added a new one to these purchases. In the purchases made in two parts, a total of 3,964 BTC has been added to Terra's balance sheet.
Terra, who came to the agenda with the Bitcoin (BTC) purchase it made last week, made a new Bitcoin purchase. With this purchase, Terra's wallet currently has a total of 34,691 BTC.
According to the purchase noticed in the post of Lark Davis, Terra first made a purchase of 1,479 BTC. Immediately after this, a purchase of 2,485 BTC was made. Lark Davis also said the following;
To remind you, Terraform Labs added 2,943 Bitcoins (
BTC), which corresponds to $139 million in company reserves, to its balance sheet in its previous purchase. In addition, the company made its first biggest purchase on January 27 with 8,588 Bitcoin (BTC).