Non-profit organization Luna Foundation Guard (LFG) has purchased an additional 37,863 BTC after spending $1.5 billion in the crypto.
The transaction has taken place on the OTC market with the help of Genesis Global Trading and Three Arrows Capital.
LFG exchanged 1M UST for $1B worth of Bitcoin through Genesis Global Trading and acquired $500M worth of cryptocurrency from Three Arrows Capital. The average asset purchase price was $39,616.
In total, the organization has 80,394 BTC on its balance sheet valued at $2.98 billion. According to LFG’s own data, the company is one of the top 10 Bitcoin holders.
