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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.
💬 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!
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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
Rekt Capital: BTC October historical average increase of 22%
On September 3rd, encryption analyst Rekt Capital pointed out that BTC usually performs strongly in October. Data shows that BTC only experienced a decline in October in 2014 and 2018, both of which were in a Bear Market cycle. Currently, the market is in the BTC Halving cycle year. Historically, BTC has only had single-digit gains in October in 2018 (also a Bear Market year). In addition, October usually brings double-digit gains, with an average pump magnitude of 22%.