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- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will be ranked and rewarded accordingly:
A-Level:
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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
2. Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
3. Global Compliance: One of the few crypto platforms legally operating across multiple regions.
Just as we declare
- 🔵 #Altcoin Season Index Hits 24#
CoinMarketCap data shows the altcoin season index has climbed to 24, up 2 points from yesterday. Among the top 100 projects by market cap, about 24 have outperformed BTC over the past 90 days. Do you think the altcoin season is true here? Which sectors do you expect to lead the charge? Share your predictions!
🔵 #Saylor Hints at More BTC Buying#
Michael Saylor, founder of Strategy, recently released new Bitcoin Tracker updates. Historically, Strategy tends to disclose BTC accumulation the day after such announcements.
What’s your take—will they increase thei - 🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts! - 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Big Bitcoin Bull Michael Saylor's Company Sued: They Had Just Bought BTC Today!
The Bitcoin-focused investment firm Strategy and its co-founder Michael Saylor are facing a class action lawsuit for allegedly violating federal securities laws.
Investors claim that the company made "materially false and misleading statements" about its profitability.
Plaintiff Anas Hamza and other investors filed the lawsuit on Friday in the U.S. District Court for the Eastern District of Virginia through the law firm Pomerantz LLP. The lawsuit specifically covers the period between April 2024 and April 2025 and alleges that Strategy presented the profitability of its "Bitcoin-focused investment strategy" more favorably than the associated risks of Bitcoin's volatility.
In the complaint, it was stated that "Due to the illegal actions and omissions of the defendants and the sudden decline in the market value of the company's securities, the plaintiff and other community members have suffered significant damage."
Not only Saylor but also the company's CEO Phong Le and CFO Andrew Kang are among the defendants in the case.
It is also stated in the complaint that Strategy adopted the new regulation ASU 2023-08 of the Financial Accounting Standards Board at the beginning of 2025. This regulation requires publicly traded companies to report cryptocurrencies at fair value in their financial statements and to reflect these value changes in the income statement. Previously, Strategy used an accounting model that only reflected losses in the case of value declines but did not take into account value increases unless a sale occurred.
Investors claim that the company has presented unrealistic and overly optimistic performance assessments to the public even after transitioning to its new accounting standard. It is alleged that while the company shares positive figures such as "BTC Return," "BTC Profit," and "BTC Dollar Profit," it ignores the potential significant losses that may arise after fair value assessment.
Strategy, while not making a press statement on the matter, addressed the lawsuit in its SEC filing on Monday:
"The complaint seeks an unspecified amount of compensation, interest, attorney's fees, and other legal costs on behalf of the community. We plan to vigorously defend against these claims. At this time, it is not possible for us to predict the outcome of this case or estimate potential damages."