Terra’s Do Kwon Buys $230 Million of Bitcoin

Do Kwon targets $10 billion BTC to back TerraUSD (UST). Terraform Labs founder and…

The post Terra’s Do Kwon Buys $230 Million of Bitcoin appeared first on Coin Journal.

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Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin. дальше »

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Terra founder reveals what will happen to UST if Bitcoin price crashes

Do Kwon told Laura Shin on her Unchained podcast that he is betting on the long-term growth of BTC price and isn’t worried about short-term volatility. дальше »

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LUNA Poised To Moon As Terra’s Do Kwon Vows To Become World’s Biggest Bitcoin Holder Besides Satoshi

Terra, the fast blockchain taking on Ethereum, has stolen the spotlight in recent days after the Luna Foundation Guard (LFG) outlined plans to purchase billions worth of bitcoin as an additional security layer for its UST stablecoin. дальше »

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‘Hold my beer’ — Terra already up $165M from buying Bitcoin as BTC stash nears Tesla’s

The Luna Foundation Guard is well in the green as Terra co-founder Do Kwon stresses he is not “capable of moving” Bitcoin markets. дальше »

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Do Kwon Readies to Buy Another $140 Million Bitcoin

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Just as Hal Finney Predicted, Bitcoin Is Being Purchased to Act as a Reserve Currency

With a plan to buy up $10 billion of bitcoin, Do Kwon’s UST stablecoin project may be fulfilling a prophecy by the late recipient of the first BTC transaction. дальше »

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Bitcoin Jumps as Do Kwon Buys $125 Million

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‘We’re already buying:’ Terra founder plans to obtain $10B BTC for reserves

Kwon also bullishly emphasized that its stablecoin TerraUSD backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.” дальше »

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