Bitget Burns 30M BGB Quarterly Event

Bitget to Burn Over 30M BGB in Quarterly Event

• Bitget will burn over 30 million BGB tokens in Q2 2025, valued at nearly $120 million.
• The new burning mechanism links token burns to on-chain operations for enhanced transparency and sustainability.
• In January 2025, Bitget burned 800 million BGB tokens, significantly reducing the total supply.
• BGB acts as a bridge between centralized and decentralized ecosystems on Bitget’s platform.

Bitget’s upcoming burn of over 30 million BGB tokens in Q2 2025, worth almost $120 million, is part of a strategy to enhance transparency by tying burns to on-chain activities. In January, an earlier burn of 800 million tokens marked a significant reduction in supply.