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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
JPMorgan: European defense spending faces "paradigm shift"
On March 5th, Golden Finance News, JPMorgan analysts David Perry and Lucy Fitzgerald stated in a report that as the period of U.S. taxpayers subsidizing European defense seems to be coming to an end, Europe is facing a 'paradigm shift' in military spending. They wrote that from the end of World War II to 2024, the United States has ensured Europe's security, especially since 1990. However, with Trump serving as U.S. president, that era has ended. Analysts predict that if Europe decides to cut its defense spending, neither the Republican nor Democratic successors will compensate Europe in the future. In the analysts' view, this means that European defense stocks will achieve higher sales, profits, and free cash flow, and valuation multiples should be much higher than the levels of the past 20 years.