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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
Data: Sky Q1 loss of 5 million USD, due to a rise in USDS interest expenses of 102%.
According to ChainCatcher news and a report by Coindesk, Sky (formerly MakerDAO) lost 5 million dollars in the first quarter of this year due to the doubling of Interest paid to Token holders. This loss stands in stark contrast to the previous quarter, when Sky posted a profit of $31 million. The main reason for the 102% increase in interest expenses is that Sky decided to encourage users to adopt its newly launched stablecoin Sky Dollar (USDS) through higher incentives, replacing the existing DAI.