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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
TreasureDAO terminates chain game development and transforms into AI, significant adjustments to the $MAGIC ecosystem.
According to Gate.io News bot, TreasureDAO, which once dominated the Arbitrum NFT market, has announced a major strategic adjustment. The project officially announced the cessation of its game development business in April 2025 and will shift its focus to the AI field.
TreasureDAO has previously focused on building a decentralized blockchain gaming ecosystem, with its native token $MAGIC reaching a price of $6 at its peak. However, due to slow game development progress and multiple projects failing to be completed on schedule, the project is facing financial pressure.
Source: C00k1e