Terra LUNA buys another $1.5B of BTC

https://twitter.com/LFG_org/status/1522234947070689280?s=20&t=Md8nLzEzK9i-WB0sJE_Aag

Luna Foundation coming in with a big OTC buy, $1.5B worth of bitcoin (37,863). This brings their total BTC reserve up to 80,393 making them the 7th largest wallet.

This also completes their first $3B round out of $10B pledged to buy BTC.

Also interesting note, LFG bought and holds $120M of AVAX.

With another ~$7B to buy before the end of Q3 exchanges will certainly be bleeding for BTC. Will this trigger any of the FOMO we've all been waiting for? Obviously price isn't affected short term due to the deal being OTC.

Now all we need is a spot ETF to get approved and the supply shock will be real. Keep on hodling, stacking sats, dca whatever it is you're doing you've made it this far. It's been a hell of a ride so far and I'm looking forward to the rest of it.