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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
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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 increased its holdings by 3,450 ETH, bringing the total holdings to 12,500.
According to Gate News bot, as reported by Wu, the Nasdaq-listed blockchain company BTCS has increased its holdings by 3,450 ETH, with a total transaction amount of approximately 8.42 million USD and an average purchase price of 2,441 USD per ETH. After this increase, BTCS's ETH holdings reached approximately 12,500, rising 38% compared to the end of the first quarter of 2025.
The report mentioned that prior to this, BTCS had signed an agreement with ATW Partners to raise $57.8 million through the issuance of convertible bonds to purchase ETH.
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