- 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
New Statements from the IMF Regarding El Salvador and Bitcoin! Will BTC Purchases Stop This Time?
El Salvador, which accepted Bitcoin as legal tender and signed a principle, made a loan agreement with the International Monetary Fund (IMF) in the past months.
The IMF wanted to impose a series of restrictions on El Salvador in exchange for the loan, such as reducing BTC purchases. However, during this process, El Salvador continued to buy Bitcoin despite the IMF's pressure for restrictions.
While El Salvador continues its BTC purchases, a new statement has come from the IMF.
The IMF announced that the first review of the 1.4 billion dollar loan agreement has been completed and that an agreement has been reached for an initial payment of 120 million dollars to the country.
The IMF stated that as part of the agreement on May 27, El Salvador would need to fulfill its previous commitments to limit government intervention in Bitcoin.
The IMF also stated that it will work to ensure that the amount of Bitcoin held by the El Salvador government does not change.
This stance contradicts President Nayib Bukele's statements regarding the country's efforts to increase Bitcoin assets.
The IMF reiterated its stance that El Salvador should stop accumulating Bitcoin and should not engage in other activities related to Bitcoin.
Bitcoin Purchases Continue Despite IMF!
Shortly after the IMF's announcement on May 27, El Salvador announced once again that it had purchased Bitcoin.
The El Salvador Bitcoin Office reported that the country has once again purchased more Bitcoin from account X.
Data shows that the country has accumulated 30 BTC in the last 30 days, while El Salvador's Bitcoin reserve currently stands at 6,190.18 BTC.