Cardano Foundation Reports $659 Million Crypto Asset Value Amid Rising Prices, ADA Holdings at 77%
On July 10, the Cardano Foundation published a detailed report revealing a significant appreciation in its cryptocurrency portfolio, with asset values climbing from $478.24 million to $659.1 million. Bitcoin now constitutes approximately 15% of the foundation's crypto holdings, reflecting a strategi
On July 10, the Cardano Foundation published a detailed report revealing a significant appreciation in its cryptocurrency portfolio, with asset values climbing from $478.24 million to $659.1 million. Bitcoin now constitutes approximately 15% of the foundation’s crypto holdings, reflecting a strategic diversification, while the share of ADA has slightly declined from 83% to 77%. The foundation emphasized that its primary revenue stream remains staking rewards, generating a steady income. In 2024, the Cardano Foundation maintained a stake of 599.2 million ADA and accrued 17.1 million ADA in staking rewards, achieving a yield of 2.7%. This performance underscores the foundation’s commitment to leveraging staking as a sustainable financial mechanism within the evolving crypto market landscape.
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