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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
The Malaysian police have seized an illegal Bitcoin mining gang, confiscating 45 mining rigs.
According to the Gate.io News bot, Malay Mail reported that the police in Terengganu, Malaysia, along with the TNB SEAL team, conducted a joint operation in Ulu Terengganu and Marang, seizing an illegal Bitcoin mining site.
Law enforcement officers seized 45 mining machines on site, with a total value of 225,000 ringgit (approximately 360,000 yuan). Investigations show that the gang engaged in illegal electricity connections at residential and commercial premises, causing a monthly loss of 36,000 ringgit to TNB.