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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
U.S. listed company Treasure Global launches a $100 million digital asset reserve plan.
On June 5, e-commerce platform operator Treasure Global Inc. (NASDAQ: TGL) today announced the launch of a $100 million digital asset capital reserve program as an important part of its strategy to strengthen its digital infrastructure to support its AI-powered consumer intelligence platform, which will launch in the third quarter of 2025. It is reported that the fund reserve plan is supported by dual capital sources: $50 million from existing equity financing agreements; $50 million through new funding commitments from strategic partners. This strategy enables Treasure Global to acquire select blockchain-native assets in phases, including Bitcoin (BTC), Ethereum (ETH), and regulated stablecoins (subject to funding availability and market conditions). Although the facility has not been fully utilized, the Company may submit a supplemental registration statement in due course to support subsequent drawdowns.