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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
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1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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August 11 – 20, 2025
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3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
SpaceX's Bitcoin Vault Reaches 1 Billion USD Milestone and Elon Musk's Bitcoin Investment Journey
When Bitcoin reached a record high of over 124,000 USD, becoming one of the hottest assets on the planet, it is no surprise that Elon Musk's SpaceX is also shining. The amount of Bitcoin that SpaceX holds has now surged to over 1 billion USD in value. SpaceX's Bitcoin Reserve Reaches 1 Billion USD According to Arkham Intelligence, SpaceX currently holds 8,285 BTC, worth approximately 1.02 billion USD. This shows that Elon Musk continues to place his trust in "Digital Gold."
But this is not the first time that the total value of Bitcoin held by SpaceX has exceeded 1 billion USD. In April 2021, the company held 28,000 BTC, with a total value at that time of approximately 1.8 billion USD. However, over time, SpaceX gradually sold its BTC and is now the fourth-largest private company holding Bitcoin. Recently, SpaceX moved 1,300 BTC worth over 153 million USD, the first coin transfer since June 2022, raising speculation about whether the company is transferring wallet management or preparing to sell.
Musk's Bitcoin Journey Elon Musk's Bitcoin investment journey is not limited to SpaceX. In 2021, Tesla ( his electric vehicle company ) also purchased over 43,000 BTC for $1.5 billion, viewing it as a long-term gamble and a way to diversify cash flow. Currently, Tesla holds approximately 11,509 BTC, worth around 1.42 billion USD. This makes Tesla the 10th largest public company by the amount of Bitcoin held. Musk has been mostly silent about Bitcoin on X for the past three years. In March 2022, Musk posted that he still holds and will not sell Bitcoin, Ethereum, or Doge.
Recently, Musk said that cryptocurrency and Bitcoin could play a role in his new political project, the American Party. In response to a tweet asking whether the party accepts Bitcoin, Musk replied: "Fiat money is hopeless, so yes."
Bitcoin Breaks Record as Interest Rates Drop Sharply In today's trading session, this cryptocurrency reached an all-time high of 124,128 USD, pushing the market capitalization to 2.45 trillion USD. This makes Bitcoin the fifth largest asset in the world, surpassing Google.
The optimism stems from increasing expectations for a rate cut in September, with the odds now at over 99% according to the CME FedWatch Tool. The labor market is cooling, inflation is easing, and political pressure on the Federal Reserve (Fed) has created the perfect environment for monetary easing. This is good news for stocks and assets like Bitcoin. Institutional investors will be closely monitoring, which could drive BTC prices even higher.