#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!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
"When the tree falls, the monkeys scatter"! After Musk's departure, the DOGE core team will all leave.
Written by: Li Xiaoyin
Source: Wall Street Journal
Musk's withdrawal from DOGE triggers a chain of resignations.
On the evening of May 28 local time, Musk announced the end of his term as a "special government employee." 24 hours after this resignation statement was issued, his core team members collectively left.
White House officials confirmed on Thursday that several key figures responsible for the government efficiency department (DOGE) have decided to leave the Trump administration. These individuals include Elon Musk's longtime deputy, core leader of cost-cutting efforts Steve Davis, as well as DOGE's general counsel James Burnham and spokesperson Katie Miller.
According to media reports, Katie Miller will next work full-time for Musk, and she is also the wife of White House Deputy Chief of Staff Stephen Miller.
Musk Expresses Discontent Publicly: Policy Differences Come to Light
Before leaving DOGE, Musk had publicly expressed many grievances against Washington.
Just a day before announcing his resignation, Musk criticized the Trump administration's "Big Beautiful" tax and spending bill, accusing it of directly undermining the cost-cutting goals of DOGE.
As the core department promoting administrative efficiency and cost control under the Trump administration, DOGE has been embroiled in controversy since its inception, facing numerous legal challenges and external resistance. Now, the collective departure of the core team undoubtedly makes the reform plans even more difficult.
Currently, there is no conclusion on how to fill the leadership vacuum within DOGE. The White House has not made a clear statement regarding subsequent personnel arrangements, and whether the departure of Musk's team will trigger more domino effects remains an open question.