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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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The millionaire CEO announced that he will purchase a large amount of surprise altcoin! However, there is one condition.
Andrei Grachev, CEO of DWF Labs, who is one of the controversial figures in the crypto market with his moves, hinted in a statement today that they might invest more in a surprising altcoin.
Grachev, speaking through the social media platform X, formerly known as Twitter, shared that they currently hold 5 million NEAR tokens and additionally possess 6 million staked NEAR tokens. This means that the company has approximately 29 million dollars worth of NEAR tokens.
Grachev, addressing the Near Protocol developers, requested that the token's inflation rate be reduced from the current level of 5% to 2.5%, and stated that if this is done, they are ready to purchase approximately 10 million NEAR tokens worth about 26 million dollars from the secondary market.
DWF Labs was recently accused of manipulation by rival market makers. Onchain data reveals that the company has $15 million in assets outside of NEAR tokens. These include Ethereum with $6.4 million and JST with $1.77.
*This is not investment advice.
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