Luna Foundation bought bitcoins worth $1.5 billion
The non-profit organization Luna Foundation, associated with the cryptocurrency project Terra Luna, continues to purchase bitcoins. Yesterday, May 5, 37,863 BTC were purchased to secure the UST stablecoin. As part of another Bitcoin purchase, the Luna Foundation acquired $1 billion worth of BTC through over-the-counter transactions through Genesis Trading, according to CNBC. For this, she used UST stablecoins. Another $500 million worth of bitcoin was purchased from the investment firm Three Arrows Capital. The Luna…
