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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
Convex Finance collaborates with Yearn Finance to launch stablecoin protocol Resupply.
On December 19th, it was reported that CRV stake and Liquidity Mining one-stop platform Convex Finance has partnered with Yearn Finance to launch the decentralized stablecoin protocol Resupply. Resupply will directly provide built-in leverage cycling functionality in the protocol, allowing users to choose the desired borrowing market and target leverage amount. Through Resupply, users can borrow stablecoins to earn underlying borrowing fees, and borrow reUSD to explore other Decentralized Finance strategies or manage daily expenses. In addition, users can use the borrowed reUSD to supply more stablecoins to the selected borrowing market, thereby utilizing their position to drop liquidation risk.