📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
According to a report by CoinDesk on June 3, Geoff Kendrick, head of digital asset research at Standard Chartered Bank, warned that 61 listed companies currently hold 673,800 Bitcoins (accounting for 3.2% of the total supply). If the price of Bitcoin falls below the average purchase price by 22%, it could trigger forced selling by these companies.
According to the report, Strategy (MSTR) holds 580,000 of them, accounting for the vast majority. Referring to the precedent of 2022 bitcoin miner Core Scientific being forced to sell 7,202 bitcoins when the price is 22% below cost, if bitcoin falls back below $90,000, half of the company's holdings will face the risk of loss. Although the current wave of bitcoin corporate holdings has pushed up buying pressure, it has also buried potential selling risks.