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Luna Basis Surpasses Tesla As Second Largest Company Holder Of Bitcoin



  • Luna Basis Guard, the non-profit group behind Terra’s UST Stablecoin, has acquired $1.5 billion value of bitcoin.
  • This buy makes LFG the second-largest company holder of bitcoin, surpassing Tesla.
  • The transaction was facilitated by cryptocurrency prime dealer Genesis, and cryptocurrency hedge fund 3AC.

Luna Foundation Guard (LFG), a non-profit group centered on creating the Terra ecosystem, has closed a $1.5 billion over-the-counter (OTC) buy of 37,863 bitcoin, surpassing Tesla because the second largest company holder of BTC, in response to a press release.



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