Luna Foundation Guard bought another $173 million worth of bitcoins over the weekendLuna Foundation Guard (LFG), the organization that backs the TerraUSD algorithmic stackcoin, bought $173 million worth of bitcoin over the weekend.
LFG now has 39,897.98 BTC (about $1.67 billion) in its wallet.
Last week, LFG made a series of digital asset purchases: The company bought $230 million worth of bitcoins on April 6 and $200 million worth of AVAX on April 8.
Terra founder Do Kwon previously said the fund plans to buy $10 billion worth of BTC.