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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!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww - 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
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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
AxelarToken token burning page launched, with over 90,000 AXLToken burned in the past 5 days
BlockBeats news, on February 26, the Axelar Token burning page went live. Since the network upgrade completed on February 21, over the past 5 days, more than 90,000 AXL Tokens have been burned, with the current inflation rate at 4.8%. The Axelar Cobalt upgrade strengthens the AXL Token economic model, ensuring that 98% of AXL Tokens involved in new Cross-Chain Interactions are burned, while the remaining 2% are transferred to the community fund pool. The new blockchain is connected through the Interchain Amplifier, a mechanism within Axelar's Mobius Development Stack (MDS), and provides security through AXL stake in the validators' reward pool. The reward pool supports new connections without the need for inflation incentives.