#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
TD Cowen: The issuance of STRD strategy will "bring significant value to MSTR shareholders"
Golden Finance reports that the corporate Bitcoin financial company Strategy (stock code MSTR) recently purchased approximately 10,000 Bitcoins for $1 billion, bringing its total holdings close to the 600,000 BTC mark. The recent purchase funds mainly came from its $1 billion Stride perpetual preferred stock (STRD) IPO. TD Cowen analysts stated that this process "establishes a channel for future high-yield capital inflows into Bitcoin." Additionally, the market sales of STRK and STRF also provided the company with additional funds. After the latest purchase last week, Strategy currently holds a total of 592,100 BTC. TD Cowen analysts wrote in a report on Tuesday: "Therefore, we expect the dividend yield of [STRD] to be higher than that of the company's preferred stock." The target Bitcoin value of the strategy is $63 billion, while the total debt plus outstanding preferred stock is valued at $11.6 billion, leading analysts to "believe that these subordinated securities are very safe."