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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
Echo founder accuses some VC of obstructing community discount sales
ChainCatcher News, Jordan Fish (Cobie), the founder of the community fundraising platform Echo, accuses some VCs of pressuring the encryption project to prevent it from offering discounted prices to Echo investors, and even opposing community sales in some cases unless it is in later rounds with high valuations. Matt OConnor, co-founder of the Legion platform, said that some VCs advocate avoiding public sales and oppose discounted valuations and short-term vesting periods. He specifically mentioned that VCs have no problem with team airdropping unlocked tokens, but they would object if the team sells some unlocked tokens.