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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
Avalon Labs has burned 80 million AVL tokens, representing 44% of the total supply in circulation
BlockBeats News: On June 9, Bitcoin financial services platform Avalon Labs announced that it had officially burned 80 million governance tokens AVL, worth about $16 million, accounting for 44% of the current total circulation. The tokens burned this time are mainly the shares that were not claimed by users during the airdrop. Avalon Labs launched a governance token airdrop in March 2024, attracting more than 100,000 users to participate in the collection, and has successfully distributed $20 million worth of AVL. With the end of the event, the remaining 80 million unclaimed tokens will be officially burned to control the token supply into a deflationary cycle and further consolidate the long-term value foundation of AVL