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First Mover Asia: Terra Is 2022’s Version of Corporate Bitcoin Buying; Cryptos Hold Steady in Weekend Trading

The Luna Foundation Guard now holds about $1.7 billion in bitcoin, but crypto markets seem unimpressed with its purchases this year; bitcoin and ether are flat.

Updated May 11, 2023, 5:23 p.m. Published Apr 17, 2022, 11:30 p.m.
Terraform Labs CEO Do Kwon on CoinDesk TV in December, 2021. (CoinDesk screenshot)
Terraform Labs CEO Do Kwon on CoinDesk TV in December, 2021. (CoinDesk screenshot)