#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
Movement raised 100 million in financing, with a valuation of 3 billion.
Now the market value is 400 million.
Berachain raised $142 million in funding, with a valuation of $1.5 billion.
Now 200 million
Babylon raised 70 million in funding, valued at 800 million.
Now 100 million
EigenLayer raised $160 million with a valuation of $1 billion.
Now 90 million
Two questions
1. Did the institution really invest this much money and use this valuation?
2. Does such a high valuation make retail investors take the bait?
The counterfeit season will be over, it's gone.