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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
$AVL climbs above 28% as Avalon Labs unveils Institutional Bitcoin lending Facility
$AVL, native utility & governance token of Avalon Labs, a platform powering Bitcoin onchain capital markets, is up more than 28% in the past 24hours, & now trades around $0.2532, with inflow of $16.73M, & trading volume of $14.38M, as per Gate.io chart.
Avalon Labs has announced the launch of its institutional Bitcoin lending product, & overcollateralized, on-chain credit facility built for scale, security, & transparency. With the latest move, AVL is unlocking stable rates, flexible terms, & top partners onboard for BTC-holding institutions. The advanced fixed-borrow rate system offers a stable & predictable cost of capital, enabling the optimisation of yield opportunities with confidence.