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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
Bitcoin mining company Bit Digital launches $500 million ATM financing plan
According to Gate.io News bot, The Miner Mag reported that Bitcoin mining company Bit Digital has submitted a "At-the-Market" (ATM) financing application to regulators, planning to raise a maximum of $500 million. This amount exceeds the company's current market capitalization of $429 million.
According to the application documents, the funds raised this time will be invested in three directions: purchasing Mining machines and cloud service equipment, supplementing operational funds, and carrying out potential mergers and acquisitions. Bit Digital plans to expand its high-performance computing and cloud service business scale through this financing.