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Bitget Publishes 45th Consecutive Monthly Proof-of-Reserves Report at 122% Reserve Ratio

Bitget Publishes 45th Consecutive Monthly Proof-of-Reserves Report at 122% Reserve Ratio

Bitget has released its 45th consecutive monthly Proof of Reserves report for August 2026, revealing a 122% reserve ratio. The report is part of the platform's ongoing commitment to transparency, with the reserve ratio surpassing 100%, indicating that reported reserves for tracked assets exceeded user balances in a specific snapshot.

Since its inception in December 2022, Bitget has consistently published these reports. The August Protection Fund valuation report for the same period recorded an average monthly value of $382 million, backed by 5,500 BTC held in a separate protection reserve. As of August 2026, Bitget's Protection Fund valuation ranged between approximately $345.3 million and $441.5 million, with its value fluctuating based on Bitcoin's market price since the fund's establishment in 2022.

Bitget's Proof of Reserves employs a Merkle-tree structure, enabling users to independently verify their balances without disclosing other customers' account information. The platform has recently expanded the range of assets available for verification on its Proof of Reserves page, now featuring over 20 major cryptocurrencies, including BTC, ETH, USDT, USDC, BGB, XRP, SOL, DOGE, BNB, and more.

This enhancement enhances the visibility of users' holdings, alongside the monthly reserve snapshots.

Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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