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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
Yuga Labs CEO proposed to dissolve the ApeCoin DAO and create a new entity called ApeCo.
According to the Gate News bot, Yuga Labs CEO Greg Solano has proposed a new plan to dissolve the ApeCoin DAO while creating a new operating entity called ApeCo.
The proposal points out that ApeCoin DAO can no longer meet current needs. The newly established ApeCo is built by Yuga Labs, aimed at promoting the development of the APE ecosystem and integrating the three core architectures of ApeChain, BAYC, and Otherside.
According to the proposal, after fully funding the staking contract with 11.25 million APE and retaining 10 million APE to fulfill legal contract obligations and other expenses, all remaining assets of the Ape Foundation and ApeCoin DAO will be transferred to ApeCo.
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