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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.
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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
The board of directors of the US pharmaceutical company Silo Pharma approved the purchase of 1 million dollars worth of Bitcoin as reserve assets.
On June 5, GlobeNewswire reported that the U.S.-listed pharmaceutical company Silo Pharma (Nasdaq: SILO) The board of directors has approved the purchase of bitcoin worth up to $1 million as a reserve asset. Silo Pharma CEO Eric Weisblum said the inclusion of Bitcoin in the company's reserves is a strategic decision that will diversify assets through a digital store of value and serve as a safeguard against inflation, a move that Silo Pharma expects will optimize long-term shareholder value.