#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
199 institutions hold a total of 3.01 million Bitcoins, and some companies face debt risks.
According to the Nick D. Garcia report, as of May 2025, a total of 199 entities around the world hold bitcoins on their balance sheets, totaling 3.01 million. These institutions mainly make Bitcoin purchases through equity financing. According to the report, some companies that rely heavily on debt face lower MNAV premiums during bear markets, especially during debt maturities. However, since most institutions use the equity financing model, the overall contagion risk is relatively limited.
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