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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
Celsius founder Mashinsky criticizes the 20-year sentence proposal: this is a death sentence.
According to ChainCatcher news and a report by Cointelegraph, Celsius founder Alex Mashinsky expressed strong dissatisfaction with the 20-year prison sentence proposed by the U.S. Department of Justice. Previously, Mashinsky pleaded guilty to commodity fraud and manipulating the price of the CEL Token in December 2024, profiting $48 million by selling tokens before the collapse of Celsius. His legal team submitted a response memorandum to the New York District Court on May 5, requesting that the sentence be reduced to less than 366 days, arguing that Mashinsky is a non-violent first-time offender with a 30-year flawless business record. Celsius filed for bankruptcy protection in July 2022, with debts of $4.7 billion, affecting the assets of hundreds of thousands of users.