#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
Nasdaq-listed company BTCS increases its holdings by 1000 ETH
PANews June 2 news, according to Financefeeds, NASDAQ listed company BTCS announced an increase of 1,000 ETH, worth approximately 2.63 million USD, with a total ETH Holdings of about 13,500. The company held 9,063 ETH at the end of the first quarter of 2025, which means its ETH open interest has risen by about 50%.