World Liberty Financial Executes $3M Purchase of MNT Tokens Amid Ongoing Accumulation Strategy

World Liberty Financial spent 3M USDT to acquire 3.54M MNT tokens.

The company’s crypto holdings now include ETH, WBTC, MOVE, and MNT.

Despite recent purchases, World Liberty faces an unrealized loss of $1.62M.

World Liberty Financial, a key player in the crypto investment space, recently made a significant move by spending 3 million USDT to acquire 3.54 million MNT tokens. This transaction, executed and reported by SpotOnChain on March 24, further solidifies the company's ongoing accumulation strategy within the crypto market. Currently, the company holds a total of 5.99 million MNT, with an estimated value of $5.05 million, marking a slight gain over its initial investment of $5 million.

Recent Transaction History and Investment Strategy

This latest move follows a series of calculated buys since the market dip in late February. World Liberty Financial has been actively increasing its holdings in various digital assets, investing a total of $28.6 million across six different tokens

These tokens include Ethereum (ETH), Bitcoin (WBTC), MOVE, SEI, Avalanche (AVAX), and MNT. Despite this active accumulation, the firm currently faces an unrealized loss of approximately $1.62 million due to recent market dips.

Earlier this month, on March 14, World Liberty Financial also made a notable purchase. It spent 100,000 USDC to acquire 541,242 SEI tokens, priced at $0.185 per token. This transaction brought the company’s total SEI holdings to 1.089 million tokens, which initially cost $225,000 but is now valued at $207,000.

Large-Scale Purchases in Early March

The company’s investment activity reached a peak on March 6 when it made substantial moves in Ethereum, Bitcoin, and MOVE tokens. A $25 million USDC transfer was made to a new multi-signature wallet, followed by the purchase of 4,468 ETH, 110.6 WBTC, and 3.42 million MOVE tokens The total spent on these acquisitions was $21.5 million, with a remaining $3.5 million USDC in the wallet, suggesting more purchases might be planned. World Liberty Financial’s approach reveals a clear commitment to building a diversified crypto portfolio, despite current market volatility.