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Bitget to Burn 30 Million BGB Tokens in Q2, Worth Approximately $138 Million
Summary: Bitget announced that in the second quarter of 2025, they will burn 30,001,053.1 BGB tokens, representing approximately 2.56% of the circulating supply, with a total value of around $138 million. The corresponding BGB tokens will be sent to a burn address and the transaction will be recorded on the blockchain. Previously, Bitget Token (BGB) updated ...
Bitget announced that in the second quarter of 2025, they will burn 30,001,053.1 BGB tokens, representing approximately 2.56% of the circulating supply, with a total value of around $138 million. The corresponding BGB tokens will be sent to a burn address and the transaction will be recorded on the blockchain. Previously, Bitget Token (BGB) updated and upgraded its burning plan, linking the new mechanism to the actual usage scenarios of BGB and ensuring community transparency. The first quarterly burn was completed on April 17th. According to current CoinMarketCap data, BGB has a market capitalization of around $5.1 billion, ranking 27th in the global cryptocurrency market and third among platform tokens on centralized exchanges (CEX) worldwide.
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Link: Bitget to Burn 30 Million BGB Tokens in Q2, Worth Approximately $138 Million [Copy]
