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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
Strategy founder Saylor elaborates on the 21 core characteristics of Bitcoin.
Gate.io News bot message, Strategy (formerly MicroStrategy) founder Michael Saylor recently published 21 core characteristics of Bitcoin on the X platform.
These characteristics cover multiple dimensions of Bitcoin: from a fundamental perspective, Bitcoin is an ideology, a protocol, and an asset; from a technical standpoint, it is a perfect network system with digital scarcity; from an economic perspective, it is both a digital commodity and a digital currency.
Saylor also pointed out that Bitcoin has legitimacy and corporate characteristics, and is a global eternal system. He further defined Bitcoin as a digital energy network, a digital economy system, and a digital defense system, calling it an emerging stellar system.