#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
There is Bitcoin news from Japan! They had announced their intentions in February!
Japanese video game developer Gumi Inc. announced that it has bought Bitcoin worth 1 billion yen, approximately 7 million dollars.
The company announced this purchase to the public with an official press release in line with the decision made at the board meeting held on February 10, 2025.
The details were shared as follows:
Gumi stated that it will conduct market valuation of its Bitcoin assets every quarter and that any increase or decrease in value will be reflected in the income statement. Additionally, it mentioned that it would inform investors in a timely manner in case of significant financial impact.
Another noteworthy detail in the statement is that Gumi plans to actively continue its Bitcoin purchases. It was also stated that new purchase decisions will be shared with the public in a timely manner.
Companies from various sectors are increasingly adding Bitcoin to their portfolios as a hedge against inflation and a long-term store of value.
*It is not investment advice.
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