#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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Aave DAO proposal on the repurchase allocation of AAVE
According to Mars Finance, Aave DAO has passed a proposal to initiate the AAVE buyback and distribution plan. The proposal approves the allocation of specific aEthUSDT from the Aave Collector contract to the Aave Finance Committee (AFC), enabling the committee to launch AAVE buybacks as part of Aavenomics implementation. This preliminary proposal allows AFC to begin executing the first phase of the buyback plan, approving 4 million USD of aEthUSDT for approximately one month of AAVE buybacks. The full plan aims to buy back 1 million USD weekly over six months.