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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
BTCS Boosts Ethereum Holdings to 12,500 ETH With $8.42 Million Acquisition
Blockchain tech firm BTCS has acquired 3,450 ether for $8.42 million, lifting its total ETH holdings to 12,500. The move reflects a broader strategy to scale infrastructure and staking operations.
BTCS Adds 3,450 Ethereum in Strategic Expansion
BTCS Inc. (Nasdaq: BTCS) has announced the purchase of 3,450 ETH for $8.42 million, marking a 38% increase in its ether holdings since the end of Q1 2025. Acquired at an average price of $2,441 per ETH, the new assets bring BTCS’s total ether balance to approximately 12,500 ETH.
This acquisition significantly boosts the fair market value of the company’s combined crypto holdings and cash, which now total roughly $38.42 million, an 88% jump since the start of Q2.
The move underscores BTCS’s deepening commitment to ethereum as a cornerstone of its blockchain infrastructure strategy. The company, which focuses on validator node operations and block production, sees ETH not just as a digital asset but as an engine for generating scalable staking revenue and long-term value.
“Ethereum remains at the core of our blockchain infrastructure strategy. By expanding our ETH position, we are strengthening the foundation that allows us to scale validator operations, grow staking revenue, and drive long-term value for shareholders,” said Charles Allen, CEO of BTCS.
With this latest acquisition, BTCS further positions itself as a key player in ethereum’s growing proof-of-stake (PoS) economy.