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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
Michael Saylor: Most token issuers do not want decentralization, but rather desire to enter the capital market.
According to the latest news from CoinVoice, Michael Saylor, the founder of Strategy, stated in an interview reported by CoinDesk that many token issuers are actually "pretending" to be decentralized; they do not truly want decentralization but rather desire to enter the capital market.
The use cases of digital tokens are for creating capital and innovation, whether it's TRUMP coin, or someone like Katy Perry or Joe Rogan issuing a coin, whether it's a smart contract token or a utility token (like one that allows me to access a music library on a website), or possibly a super complex token and/or NFT, it is actually very convenient. However, if registered as securities, it requires a huge investment, you need lawyers and accountants, and you have to invest a large amount every year to ensure compliance. [Original link]