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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
Tether releases its first Tether Gold audit report: market capitalization of approximately $770 million.
Tether released its first XAU₮ (Tether Gold) audit report, showing the growth of the token's circulation, with every XAU₮ in circulation backed by an equal amount of pure gold (246,523.33 ounces is equivalent to more than 7.7 tons of gold). The report, issued by BDO Italy, an independent auditor, confirms Tether's gold reserves. According to Tether, the growth of XAU₮ reflects rising investor interest in digital tokens backed by physical assets amid the changing monetary environment. In addition, Tether also plans to increase transparency in the future, including the regular release of audit reports and reserve updates.