Bitget burns 30M BGB tokens ($138M) in Q2 2025, cutting 2.56% of supply to enhance value, utility, and ecosystem growth.
The burning of over 30 million BGB tokens is imminent. Bitget, the leading cryptocurrency exchange and Web3 platform, will fire 30,001,053.1 BGB tokens in Q2 2025, equivalent to 2.56% of the total supply. This burn is estimated to be worth $138 million at the average price in Q2 2025. Bitget’s strategy for the expansion of the native ecosystem token has resulted in the burning of over 5% of the total BGB token supply during the first half of the year..
Bitget’s growth is being fueled by the ascension of BGB as a top CEX token
BGB has consistently maintained a high market value and trading volume ranking, rendering it one of the most successful centralized exchange tokens of 2025. Since its initial introduction, BGB has witnessed numerous strategic improvements, becoming an essential element of the Bitget ecosystem.
Its increasing prevalence is driven by the demand for its utility in various platform features, such as staking, fee reductions, Launchpad access, and special campaign eligibility.. BGB is responsible for the infrastructure and functions as the backbone for user liquidity and incentive across various businesses, with over 120 million users in the Bitget ecosystem.
The BGB burn mechanism is a quarterly, pre-disclosed, automated program that removes a portion of circulating tokens based on revenue performance and BGB utilization on the platform. The growth trajectory of the exchange and the escalating transactional demand for BGB are both illustrated by this structured approach. The utility of BGB continues to increase across the platform as Bitget continues to expand into new regions and product verticals, including AI-powered trading and Launchpool innovations.
What the CEO of Bitget has to say
“BGB has become one of the most attractive and best-performing CEX tokens,” said Gracy Chen, CEO of Bitget. “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.”
Confidence is enhanced by token burn
The recent burning has decreased the supply and bolstered the confidence of long-term holders by reducing inflationary pressures. This is a comforting salve for the ecosystem’s maturation and price support. It is reasonable to anticipate that the burn volumes will expand in size as Bitget expands, which will exacerbate the deflationary pressures that support the valuation of BGBs.
Bitget continues the strategic alignment of the token ecosystem by providing additional attention to platform growth and product innovation. The Q2 burn indicates BGB’s confidence in its long-term position as a robust utility token in the cryptospace.