- Pin
- #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!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#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
Synthetix terminates the acquisition plan for Derive of 27 million USD.
According to Gate News bot, as reported by Cointelegraph, the Decentralized Finance platform Synthetix has announced the termination of its acquisition plan for the encryption Options platform Derive. The acquisition was originally planned for a transaction amount of $27 million.
The reason for the termination lies in the doubts raised by Derive community members regarding the acquisition plan, including issues related to the token exchange rate and the overall benefits brought by the acquisition. Some users pointed out that Derive's income is higher than that of Synthetix, while the protocol lacks provisions to limit the issuance of tokens by Synthetix.
Synthetix's strategic officer Ben Celermajer confirmed that, although some community members supported the deal, both parties have reached a consensus to terminate the acquisition plan due to lack of expected community support.
Original link