#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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Pendle's new Mining Pool offers up to 45% BTC yield
Odaily Planet Daily News Decentralized Finance platform Pendle has launched a new product, offering up to 45% variable yield pool for Token supported by BTC (BTC), as well as a 10% fixed Annual Percentage Rate option. Users can deposit LBTC (Lombard) into the Pendle pool created by Corn on the ETH L2 network. Since its launch, the pool has attracted over $13 million in deposits and will mature on December 26th. Pendle CEO TN Lee stated that they aim to replicate the success of fixed income for BTC as seen with ETH. Pendle achieves high yields by splitting Decentralized Finance protocol investments into Principal Token (PT) and Yield Token (YT). (Coindesk)