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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
BTC L2 solution Bitfinity Network completes $7 million financing
Techub News, according to Cointelegraph, BTC L2 solution Bitfinity Network announced the completion of a $7 million new round of financing, with investors including Polychain's Beacon Fund, ParaFi, Draft Ventures, and Warburg Serres. The funds raised will be used to create Decentralized Finance functionality for BTC compatible with the Ethereum Virtual Machine (EVM) based on ICP's Chain Fusion technology.
The project raised $5 million in OTC Token sales earlier this year (mostly from community contributions), with a current total financing amount of $12 million.