#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
The US-listed company BTCS spent approximately 8.42 million USD to acquire 3,450 ETH, increasing its total Holdings to about 12,500 ETH.
BlockBeats news, on May 21, the US-listed company BTCS purchased approximately 3,450 ETH for about 8.42 million USD, with an average purchase price of 2,441 USD, thereby increasing its total Ethereum holdings to approximately 12,500 ETH, a rise of 38% compared to the end of the first quarter of 2025. This strategic expansion has driven the fair market capitalization of the company's encryption assets and cash to about 38.42 million USD, an increase of 88% since the beginning of the second quarter of 2025.