Bitget Protection Fund Hits $441M as Bitcoin Rally Boosts Reserves
Bitget’s Protection Fund averaged $382M in August as Bitcoin’s recovery lifted its reserves. The fund stayed above Bitget’s $300M commitment throughout August, reaching $441.5M at its peak. B
A
AnonymousCryptoCompass newsroom
September 14, 2026
1 min read
NEWS
CryptoCompass editorial visual for bitcoin coverage.
Bitget’s Protection Fund averaged $382M in August as Bitcoin’s recovery lifted its reserves.
The fund stayed above Bitget’s $300M commitment throughout August, reaching $441.5M at its peak.
Bitcoin’s rally helped push the fund’s value to about $432M by the end of the month.
Bitget’s Protection Fund recorded an average valuation of $382 million in August 2026. Bitcoin’s recovery in the second half of the month helped push the fund well above its $300 million commitment.
Notably, the fund peaked at $441.5 million on August 27 and fell to a low of $345.3 million on August 1. It stayed above $300 million throughout the month.
Bitcoin Rally Boosts Protection Fund
In August, Bitcoin traded between $62,773 and $80,268, rising more than 25%, ending August at $78,553. Since much of the Protection Fund is held in Bitcoin, the price increase r…
Bitmine owns 4.9% of the total ETH coin supply of 122.0 million Bitmine is 98% of the way to the 'Alchemy of 5%' in just 15 months ETH is the best performing macro asset in Q3 of 2026 to date
A Bitcoin price of $1 million sounds extreme at first, but the math behind the target makes the debate easier to understand. With the BTC price trading near $77,600, reaching seven figures wo
Bitmine owns 4.9% of the total ETH coin supply of 122.0 million Bitmine is 98% of the way to the 'Alchemy of 5%' in just 15 months ETH is the best performing macro asset in Q3 of 2026 to date