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

Chainwire

Wed, September 16, 2026 at 7:00 PM GMT+3 2 min read

• SPY +0.33%

VICTORIA, SEYCHELLES, September 16th, 2026, Chainwire

Bitget has published its August 2026 Proof of Reserves report, marking the 45th consecutive monthly disclosure since the program began in December 2022, with a total reserve ratio of 122% for the month. Separately, Bitget's August 2026 Protection Fund valuation report recorded an average monthly value of $382 million, backed by 5,500 BTC held as a separate protection reserve.

Bitget publishes both monthly Proof of Reserves and monthly Protection Fund valuation reports — two separate disclosures providing visibility into different parts of the platform's asset-protection framework. The August PoR reserve ratio of 122% means Bitget's reported reserves for tracked assets exceeded the corresponding user balances included in the snapshot. A full per-asset breakdown is available on Bitget's Proof of Reserves page.

A reserve ratio above 100% reflects the position captured in a particular reporting snapshot and should not be interpreted as a financial audit or a guarantee of future solvency.

The Protection Fund's August valuation ranged from approximately $345.3 million on Aug 1, 2026 to $441.5 million on Aug 27, 2026, with an average monthly valuation of $382 million. Its dollar value fluctuates with Bitcoin's market price because the fund is backed by 5,500 BTC. Bitget established the fund in 2022 with an initial $300 million commitment, and its valuation remained above that level throughout August.

How Is Bitget's Reserve Ratio Verified?

Bitget's Proof of Reserves uses a Merkle-tree structure that allows users to independently verify whether their balances were included in the reserve snapshot without exposing other customers' account information.

Users can perform their own verification through Bitget's open-source MerkleValidator and Proof of Reserves tools on GitHub, while publicly disclosed wallet information can also be reviewed independently on blockchain explorers.

Full details are available on Bitget's Proof of Reserves page.

What's New in Bitget's Proof-of-Reserves Coverage?

In a recent PoR upgrade, Bitget expanded the range of assets available for viewing and verification on its Proof of Reserves page from four cryptocurrencies to more than 20 major assets. The expanded coverage includes assets such as BTC, ETH, USDT, USDC, BGB, XRP, SOL, DOGE, BNB and others.

The upgrade also broadens the coverage of users' actual holdings and allows users to check whether their assets are included through Bitget's Personal Proof of Assets feature. The broader asset coverage adds another layer of visibility alongside Bitget's monthly reserve snapshots.

About Bitget

Bitget is a global cryptocurrency exchange operating as a Universal Exchange (UEX), serving over 125 million users and offering access to crypto assets alongside tokenized stocks, ETFs, commodities, FX, precious metals and other financial products. Bitget has published monthly Proof of Reserves disclosures since December 2022.

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Contact

Media team
geo@bitget.com

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