May 6, 2022

Luna Foundation ousts Tesla as Bitcoin Holder

The Luna Foundation Guard has surpassed Tesla as the second largest corporate Bitcoin holder!

Luna Foundation Guard (LFG) stated that it has acquired additional bitcoin worth $1.5 billion.

According to the data, LFG holds 80393 of the cryptocurrency worth $2.9 billion.

LFG is focusing on the development of the Terra ecosystem.

Thus, it surpassed electric carmaker Tesla to become the second-largest corporate holder of Bitcoin.

Elon Musk-led Tesla holds 43,200 bitcoin.

LFG aims to acquire $10 billion in Bitcoin.