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The nonprofit organization attached to Terra, the Luna Foundation Guard (LFG), is the entity attached to the BTC wallet involved in collateralizing UST. The latest Las últimas operaciones de la Luna Foundation, la organización sin ánimo de lucro encargada de crear reservas que apoyen el contrato inteligente de la blockchain de Terra -cuyo token es el Bitcoin's volatility has been a concern to many. Time and again, individuals have complained about how the asset surges and dips. MicroStrategy is not Lunait has a far stronger financial foundation. MicroStrategy has been acquiring Bitcoin by issuing bonds and selling stock. Its next major debt repayment isn’t due Following Terra’s recent (and ongoing) Bitcoin buying spree, which includes the purchase of roughly 2,500 BTC (around $100 million) only two days ago, the wallet On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin So far, through The Luna Foundation Guard (LFG), over $1.7 billion of Bitcoin has been purchased to backstop Terra’s algorithmic UST stablecoin. LFG added The Luna Foundation Guard (LFG), in charge of the Terra protocol, announced the purchase of $100 million worth of Bitcoin on Wednesday and another $5M in

Luna Foundation Follows MicroStrategy's Playbook: Buys 2500 BTC During $40k Dip

Is the Luna Foundation the new MicroStrategy? Recent activity suggests a similar strategy, with the Luna Foundation Guard (LFG) aggressively acquiring Bitcoin. Following Terra’s recent (and ongoing) Bitcoin buying spree, which includes the purchase of roughly 2,500 BTC (around $100 million) only two days ago, the wallet activity has been closely monitored.

Luna Foundation Guard (LFG): Building a Bitcoin Reserve

The Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin holdings. On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The nonprofit organization attached to Terra, the Luna Foundation Guard (LFG), is the entity attached to the BTC wallet involved in collateralizing UST. So far, through The Luna Foundation Guard (LFG), over $1.7 billion of Bitcoin has been purchased to backstop Terra’s algorithmic UST stablecoin. LFG added The Luna Foundation Guard (LFG), in charge of the Terra protocol, announced the purchase of $100 million worth of Bitcoin on Wednesday and another $5M in. Las últimas operaciones de la Luna Foundation, la organización sin ánimo de lucro encargada de crear reservas que apoyen el contrato inteligente de la blockchain de Terra -cuyo token es el Bitcoin.

Why the Bitcoin Buying Spree? UST Collateralization

The primary purpose of these Bitcoin purchases is to collateralize Terra's UST stablecoin. By holding a significant Bitcoin reserve, the Luna Foundation aims to provide stability and confidence in the UST peg, especially during periods of market volatility. Bitcoin's volatility has been a concern to many. Time and again, individuals have complained about how the asset surges and dips.

MicroStrategy vs. Luna Foundation: Key Differences

While the Luna Foundation's Bitcoin accumulation mirrors MicroStrategy's strategy, there are crucial differences. MicroStrategy is not Lunait has a far stronger financial foundation. MicroStrategy has been acquiring Bitcoin by issuing bonds and selling stock. Its next major debt repayment isn’t due for quite some time. The long-term implications of both strategies remain to be seen, but the Luna Foundation's move signals a strong belief in Bitcoin as a valuable reserve asset.

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