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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.
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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
Multiple DePIN projects have annual revenues exceeding one million dollars, and Aethir has set a new record for a single payment.
Gate.io News bot message, according to the latest report from OurNetwork, among the 20 DePIN projects surveyed, more than 10 projects have achieved an annual income of over 1 million dollars. Projects like Arweave have exceeded the total amount of their Token distribution incentives.
The report points out that DePIN projects typically allocate 0.1% to 0.8% of the total token supply as monthly incentives during the early stages. Most DePIN projects handle off-chain payment operations through DAOs or related entities. Among them, Aethir transferred 30 million ATH (approximately 1 million USD) to its staking pool on March 20, setting a record for such payment transactions.
Source: Wu Says