Bitget Torches 30M BGB ($138M) in Q2 2025 Burn – Supply Shock Incoming?
Bitget just lit a bonfire under its native token. The exchange annihilated 30 million BGB—worth a staggering $138 million—in its latest quarterly burn.
Supply crunch play or just another tokenomic gimmick? With centralized exchanges scrambling for credibility these days, burning tokens is the new black. (Wall Street would call this 'share buybacks' and charge a 2% management fee.)
Market impact? Burns typically juice scarcity narratives—but in crypto's casino economy, even deflationary mechanics sometimes get drowned out by leverage liquidations. Watch the order books.
– Bitget is the leading cryptocurrency exchange and Web3 company. It is going to burn 30,001,053.1 BGB (2.56% of the total supply) tokens for the second quarter of 2025. That equals approximately $138 million based on the Q2 2025 average price. It brings the total burn for the first half of the year to over 5% of the total supply of the BGB token. It’s a crucial part of Bitget’s strategy of growing the native ecosystem token.
BGB: A Fast-Growing CEX Token
BGB has emerged as one of the top-performing centralized exchange tokens of 2025. It is consistently ranking high in terms of trading volume and market capitalization. Since its initial launch, BGB has had several strategic upgrades, evolving into a Core asset within the Bitget ecosystem.
Increasing demand for its utility across various platform features, including staking, fee discounts, Launchpad access, and exclusive campaign eligibility, has fueled the token’s growing demand. With over 120 million users in the Bitget ecosystem, BGB runs the infrastructure as the pillar. It supports users’ incentivization and liquidity across various products.
The BGB Burn Mechanism
The quarterly BGB burn mechanism is an automated, pre-disclosed program. It removes a portion of circulating tokens based on revenue performance and BGB usage on the platform.
This structured approach shows both the exchange’s growth trajectory and the increasing transactional demand for BGB. Bitget is expanding into new regions and product verticals, from AI-powered trading to Launchpool innovations. The utility of the BGB token is also increasing across the platform.
“BGB has become one of the most attractive and best-performing CEX tokens,” said“Its utility and growth have been indicators of its potential. With every burn, we invest in BGB’s future that’s driven by its strong community and growth.”
The recent token burn reduces total supply and builds long-term holder confidence by decreasing inflationary pressure. It creates a more favorable environment for price support and ecosystem maturity. As Bitget grows, the corresponding burn volumes could also increase in scale. That could further increase the deflationary dynamics that support BGB’s valuation.
With a focus on platform growth and product innovation, Bitget continues to drive strategic alignment with the token ecosystem. The Q2 burn represents confidence in BGB’s long-term position as a strong utility token within the cryptospace.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. It also offers real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices.
Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League,, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes(Wrestling world champion),(Boxing Gold medalist), and(Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
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