Cardano Foundation: Holds over $650 million in crypto assets, with Bitcoin accounting for 15%
Cardano Foundation released a report disclosing that as the price of cryptocurrencies rises, the value of its held crypto assets has increased from $478.24 million to $659.1 million, with Bitcoin currently accounting for about 15% of its crypto asset holdings, while ADA's proportion 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 599.2 million ADA and has received a total of 17.1 million ADA through staking, with a return rate of 2.7%.
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