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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.
💬 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!
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
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CEX CEO: The US debt crisis may drive Bitcoin to become the world's reserve currency
On June 4, CEX CEO Brian Armstrong said that if the U.S. Congress doesn't respond to the $37 trillion debt problem soon, Bitcoin could "take over" and become the next global reserve currency. Armstrong posted on social media on Tuesday, "I love Bitcoin, but a strong America is just as vital to the world. We have to keep our finances under control." Armstrong's concerns about the debt crisis come as House Republicans passed the Trump-backed Big Beautiful Bill in May. The bill extends tax cuts, increases military spending, and cuts Medicaid, food aid, and clean energy budgets. Growing financial pressures are driving interest in Bitcoin.