Merit Circle released its first quarter 2024 financial report, with treasury funds increasing by 70.36%

According to Odaily Planet Daily, Merit Circle released its financial report for the first quarter of 2024. The report shows that Merit Circle's treasury funds increased from US$118,132,538 on December 31, 2023 to US$201,252,368 on March 31, 2024, an increase of 70.36%. In addition, in the first quarter of 2024, Merit Circle purchased a total of 141,402,030 BEAM tokens worth US$4,705,370, and all BEAM tokens purchased this quarter have been destroyed.