#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!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
Tim Draper: I have been continuously buying more Bitcoin.
According to BlockBeats, on May 18, Tesla and Skype early investor Tim Draper stated in an interview, "I have been continuously buying more Bitcoin." In July 2014, Tim Draper purchased approximately 29,656 Bitcoins for about $19 million through an auction held by the U.S. Marshals Service, with an average purchase price of around $640. These Bitcoins were seized by the U.S. government during law enforcement actions against Silk Road. Tim Draper has repeatedly expressed optimism about the future potential of Bitcoin, believing that Bitcoin can provide liquidity for emerging markets and serve as a safeguard against currency devaluation.