💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
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
Venture Capital Report: Only a Few Bitcoin Treasury Companies Can Avoid the "Death Spiral"
Golden Finance reports that, according to a report by venture capital firm Breed, only a handful of Bitcoin treasury companies can withstand the test of time and avoid falling into the "death spiral"—a vicious cycle that severely impacts those Bitcoin-holding companies whose trading prices are close to their net asset value (NAV, which is total assets minus liabilities). The report's author points out that the health of Bitcoin treasury companies depends on their ability to maintain a trading multiple (MNAV) above net asset value. Breed's report outlines seven stages of decline for Bitcoin treasury companies, the onset of which is typically marked by a drop in Bitcoin prices, leading to a decline in MNAV, which in turn causes the company's stock price to approach its actual net asset value (NAV).