Express

Cardano Foundation: Holds Over $6.5 Billion in Crypto Assets, Bitcoin Accounts for 15%

Summary: According to CoinDesk, the Cardano Foundation released a report revealing that its holdings of crypto assets have increased from $4.7824 billion to $6.591 billion as cryptocurrency prices rise. Bitcoin currently accounts for about 15% of its crypto asset holdings, while ADA's share in its holdings has decreased from 83% to 77%. The Cardano Foundation stated ...

According to CoinDesk, the Cardano Foundation released a report revealing that its holdings of crypto assets have increased from $4.7824 billion to $6.591 billion as cryptocurrency prices rise. Bitcoin currently accounts for about 15% of its crypto asset holdings, while ADA's share in its holdings has decreased from 83% to 77%.

The Cardano Foundation stated that its main source of income currently is staking rewards. As of 2024, the foundation holds 5.992 billion ADA and has earned a total of 17.1 million ADA through staking, with a return rate of 2.7%.

Last Update:

Tags:
Link: Cardano Foundation: Holds Over $6.5 Billion in Crypto Assets, Bitcoin Accounts for 15% [Copy]

Last: Opinion: Trump has the right to publicly express his views on Powell and Fed policy

Next: K Wave Media reaches $500 million convertible bond agreement with Anson Funds, plans to use 80% for purchasing BTC

Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 2 days ago

New All-Time High for BTC: Weekly Market Outlook & Strategy 3 days ago

Bitcoin Surges to New Highs, Momentum Points to Further Gains 7 days ago

Circle Intensifies Stablecoin Push with Key Exchange Partnerships 8 days ago

Trump's "Big and Beautiful" Bill Passes: Biden and Harris Criticize, Financial Expert O... 14 days ago