#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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HydraDX Treasury passed an important proposal on April 29th, transferring approximately $7 million worth of DOT from the HydraDX treasury to Bifrost for participating in cross-chain liquidity stake, and subsequently generating income for the HydraDX treasury using DOT LST.
The on-chain proposal vote has been passed and successfully executed, marking the decentralization governance and cross-chain composability of the Polkadot ecosystem. Currently, Bifrost is the largest liquidity staking Appchain on Polkadot, providing liquidity staking with a minting scale of 9.65 million DOT tokens, with a market cap of approximately 66 million.