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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
Hack VC: Web2 companies will return to the encryption market in 2025
Odaily Planet Daily News Hack VC expects to see more large-scale acquisitions in 2025, as the Bull Market continues and web2 companies interested in Crypto Assets may return. Ed Roman, co-founder and managing partner of Hack VC, said, "These Web2 buyers have been inactive for the past few years due to the collapse of Non-fungible Tokens and FTX, but we expect them to return as Cryptocurrency enters the peak season again. In addition, because these companies typically lack expertise or technology in encryption, it is easier for them to acquire companies than to develop them themselves." (TheBlock)