After MicroStrategy announced the increase of its Bitcoin holdings to $5 billion worth of BTC, Terra form Labs has done the same, adding $139 million worth of BTC to its Bitcoin wallet.
Although not officially confirmed, the wallet address is believed to belong to Terra.
The wallet started gaining large amounts of BTC on January 21, with no single amount of Bitcoin leaving the wallet ever since.
Although Terra’s accumulation of Bitcoin is increasing regularly, it still has a long way to reach Micro Strategy’s Bitcoin Reserve of $5 billion.