🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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Standard Chartered: 61 listed companies hold 673,800 Bitcoins, and if it falls below the average holding price by 22%, it may trigger corporate dumping risk.
On June 3, CoinDesk reported that Geoff Kendrick, head of digital asset research at Standard Chartered Bank, said that 61 listed companies currently hold a total of 673,800 bitcoins (3.2% of the total supply), and if the price of bitcoin falls below the average buying price of 22%, it may trigger companies to be forced to sell. According to the report, Strategy (MSTR) holds 580,000 of them, accounting for the vast majority. Following the precedent of 2022 when Bitcoin miner Core Scientific was forced to sell 7,202 BTC when the price was 22% below cost, half of the company's holdings would be at risk of losing money if Bitcoin fell back below $90,000. Although the current wave of bitcoin corporate holdings has pushed up buying pressure, it has also buried potential selling risks.