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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
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eToro and its supporters raised $620 million by expanding the IPO size.
On May 14, it was reported that Israeli social investment platform eToro Group Ltd. and some shareholders raised nearly $620 million in a scaled-up U.S. IPO, pricing above the previously advertised range. A statement on Tuesday showed that the company and investors sold 11.92 million shares at $52 each. Previous documents indicated that funds and accounts managed by BlackRock intended to purchase eToro shares worth up to $100 million at the IPO price. Based on the number of outstanding shares, this pricing gives eToro a market capitalization of approximately $4.3 billion, with a fully diluted valuation nearing $5 billion. eToro originally planned to offer 10 million shares, priced between $46 and $50 each, but the actual pricing was higher, and demand was several times the number of shares available for issuance. According to previous news, eToro's goal is to achieve a valuation of $4 billion and raise $500 million through a US IPO.