- Pin
- #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!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww - 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#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
Russia Uses Bitcoin (BTC) and These Two Altcoins in Its Trade with China!
In recent days, *Russia, which has taken important steps in *Bitcoin (BTC) and cryptocurrencies, has turned to cryptocurrencies in trade.
According to Reuters, sources close to the matter said that Russia is using cryptocurrencies in its oil trade with China and India to circumvent Western sanctions.
Russia has openly encouraged the use of cryptocurrencies and passed a law last summer allowing cryptocurrency payments in international trade. However, there has not been a statement about the use of cryptocurrencies in Russia's oil trade before.
Sources told Reuters that some Russian oil companies are using Bitcoin, Ethereum (ETH) and Tether (USDT) to facilitate the conversion of Chinese yuan and India rupees into Russian rubles.
One of the sources said that Russia has set up several systems to circumvent sanctions, and USDT is (Tether) just one of them.
U.S. President Donald Trump is trying to improve relations with Russia while pushing for an end to the war in Ukraine.
Even if these negotiations respond positively, it remains unclear whether the sanctions imposed on Russia will be lifted.
One of the sources said that even if sanctions are lifted and the dollar can be used again, cryptocurrencies will continue to be used in Russian oil trading. He added that cryptocurrencies like Bitcoin are a useful tool in trading and help run operations faster.