Announcement on the Bitget Token (BGB) Q2 2025 burn
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Announcement on the Bitget Token (BGB) Q2 2025 burn
Dear BGB holders,
The Q2 2025 burn of Bitget Token (BGB) is about to take place. Details below:
- Total BGB used for gas fees in Q2 2025: 1058
- On-chain addresses where Bitget Wallet GetGas accounts receive BGB deposits:
https://etherscan.io/address/0xCdde3c00D6Fc1Db14111255AC34b5d360b19E901#asset-multichain
https://morphscan.org/address/0xCdde3c00D6Fc1Db14111255AC34b5d360b19E901/multichain-portfolio
- Quarterly average BGB price: 4.6 USDT (Data source: Daily BGB price on the Bitget exchange, based on UTC+0 timezone.)
According to the burn mechanism formula:
Total tokens burned in Q2 2025: 1058 × 1000 ÷ (4.60 + 1000) + 30,000,000 = 30,001,053.1
A separate announcement will be made after the burn is completed.
Updated BGB supply after this burn:
- Total supply: 1,139,992,034.9
- Circulating supply: 1,139,992,034.9
The quarterly BGB burn will continue until the total supply is reduced to 100 million.
Thank you for supporting Bitget.
*This announcement is time-sensitive. Please note the date of publication. The platform assumes no responsibility for any direct or indirect losses arising from changing circumstances or outdated content.