#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
French fintech BD Multimedia raises 1 million euros to launch BTC treasury company strategy
[Bit推] French fintech company BD Multimedia announced that it successfully raised 1 million euros through the issuance of Convertible Bonds (OCA) to launch its "BTC Financial Company" strategy. The company plans to invest all the funds in Bitcoin, with a conversion price of 12 euros, representing a premium of 48.1% over the market price. This strategy will keep the dilution rate below 1% and will comply with the ACPR and PSAN regulatory framework. BD Multimedia stated that this is just the beginning of its Bitcoin investment strategy.