Cardano Foundation: Holds over $650 million in crypto assets, with BTC accounting for 15%

ChainCatcher news, according to CoinDesk, the Cardano Foundation released a report disclosing that as cryptocurrency prices rise, 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 held assets has decreased from 83% to 77%.

The Cardano Foundation stated that its main source of income currently comes from staking rewards. In 2024, the foundation holds 599.2 million ADA, having received a total of 17.1 million ADA, with a return rate of 2.7%.