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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.
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LIBRA token issuance advisor: intends to use $100 million of funds to repurchase and burn LIBRA
BlockBeats news, on February 16th, LIBRA Tokenissuance advisor Kelsier Ventures stated, 'Kelsier currently maintains control over all related fees and treasury funds and will not use these funds for personal gain. As the custodian of these funds rather than the owner, I am not willing to transfer these funds to colleagues of Argentine President Mila or the KIP team. Instead, after consulting with experts, Kelsier has proposed to use the controlled 100% funds (up to $100 million) to repurchase LIBRA Tokens and destroy them. Unless a more feasible alternative is proposed, Kelsier intends to start implementing this plan within the next 48 hours.'