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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
Arbitrum DAO's proposal to 'allocate 35 million ARB for investment in RWA' has been approved.
Odaily Planet Daily News Arbitrum DAO announced that the community has approved the distribution of 35 million ARB tokens to various stable assets, with a total investment value of approximately $15.5 million. These funds come from the project's Stable Treasury Endowment Program (STEP), which previously distributed 35 million ARB to investments in six products in June 2024. It is understood that STEP is a plan to invest 1% of the funds of the Arbitrum DAO in tokenized RWA, aiming to diversify the DAO's funds and generate returns through industry growth. The latest allocation is part of the Arbitrum DAO STEP 2.0 plan. Together with 35 million ARB from STEP 1.0 and 15 million ARB managed by the treasury, the total investment in RWA reaches 85 million ARB. Arbitrum DAO stated that this investment is currently one of the largest investments by the DAO.