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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
Mining company Bitfarms produced 236 BTC in October and sold 194 BTC that month.
PANews, November 5th, according to the latest announcement from Bitfarms, the company produced 236 BTC from Mining in October 2024, a rise of 9% compared to the previous month, and a decrease of 41% compared to the same period last year. In the same month, 194 BTC were sold, generating a revenue of $13 million, increasing the BTC holdings from 1147 to 1188. Bitfarms' Computing Power reached 11.5 EH/s this month, a rise of 83% compared to the same period last year. In addition, Bitfarms' hosting protocol with Stronghold Digital Mining will deploy a total of 20,000 Mining Rigs, supporting approximately 4 EH/s of Computing Power, and is expected to be launched in batches in the coming months.