#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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Golden Finance reported that Jito DAO is discussing whether to change the delegation management of its $1.76 billion Solana staking pool from Jito Labs to the new software StakeNet. Currently, this proposal is still in the discussion phase.
Jito's staking pool holds approximately 10.6 million Solana, and users can obtain JitoSOL tokens, which can be used for DeFi, through this staking pool. The StakeNet software developed by Jito Labs aims to automate the delegation of JitoSOL and increase decentralization.
JitoSOL's product has rapidly expanded, occupying about 45% of the Solana liquid staking token market share, compared to less than 5% when FTX collapsed in November 2022. Blockworks Research analyst Hayden Tsutsui pointed out that currently only about 6% of Solana is staked in the form of liquid staking tokens, while the proportion of staked ETH is 38%.