#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.
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The Berachain ecosystem liquid staking protocol Infrared has launched a points program, with plans to issue coin in Q3.
On April 24, The Block reported that Infrared Finance, a liquid staking protocol built on Berachain, released a points program to incentivize users to participate before the token goes live. The program includes retroactive rewards for early adopters, and there is no fixed limit on the supply of points, which will be dynamically distributed based on eligible activity. Eligible activities include contributing to Infrared's Proof of Liquidity vault, providing liquidity to key trading pairs on decentralized exchanges such as Kodiak and BEX, and staking iBGT and iBERA, Infrared's liquid staking tokens for Berachain's BGT and BERA tokens. According to Infrared, the longer a user stakes or provides liquidity on the protocol, the more points they earn. These points will eventually be redeemable for Infrared's upcoming native token, and the exact exchange rate will be announced closer to TGE. Infrared plans to launch its token in the third quarter of this year, depending on market conditions and other relevant factors.