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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 protests the proposed 20-year sentence, with lawyers requesting it be reduced to 366 days.
According to the Gate.io News bot, Cointelegraph reported that Celsius founder Alex Mashinsky opposed the 20-year prison sentence proposed by the U.S. Department of Justice. Mashinsky admitted to charges of commodity fraud and manipulating the price of CEL Token in December 2024, having gained $48 million by selling tokens before the collapse of Celsius.
The legal team submitted a response memorandum to the New York District Court on May 5, requesting to reduce the sentence to less than 366 days. The legal team pointed out that Mashinsky, as a first-time non-violent offender, has a flawless business record spanning 30 years.