#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
Michael Saylor responds to GameStop CEO: "American-made" Bitcoin will reach 1 million dollars
Golden Finance reported that GameStop CEO Ryan Cohen posted on the X platform that the price of iPhones made in the USA could rise to $10,000. In response, Michael Saylor, founder of Strategy (formerly MicroStrategy), stated that "American-made" Bitcoin will reach $1 million. He previously indicated that Bitcoin is not "afraid" of tariffs, and in the context of a big dump in the US stock market, Bitcoin has provided resilience because during market panic, "traders will only sell what they can sell, not what they want to sell."