Thomas Daniels
The value of corporate Ether (ETH) treasuries has reached an unprecedented $13 billion, propelled by a sharp rally in the cryptocurrency’s price past the $4,300 mark. According to data from Strategic ETH Reserve (SER), total ETH holdings by companies with declared crypto treasuries have climbed to 3.04 million ETH.
On Monday, ETH touched $4,332—its highest level in recent weeks—before settling at $4,290 at the time of writing, representing a 20.4% gain over the past seven days, per CoinGecko data. The rally has been driven by significant accumulation from corporate holders over the last month.
BitMine Leads With Record $3.58B in ETH
BitMine Immersion Technologies now tops the list of corporate ETH holders, expanding its treasury to 833,100 ETH—a staggering 410.68% increase in just 30 days. Last Monday alone, the company acquired 208,137 ETH, bringing the value of its holdings to over $3.58 billion at current prices. This milestone makes BitMine the first corporation to surpass the $3 billion threshold in ETH holdings.
SharpLink Gaming’s $2.23B Stake and $671M in Gains
SharpLink Gaming followed closely, increasing its holdings by 141.69% to 521,900 ETH after a single-day purchase of 83,562 ETH. The company’s treasury is now valued at over $2.23 billion, with SER data showing more than $671 million in unrealized gains from its Ethereum position.
The Ether Machine Marks Ethereum’s Decade with Strategic Buys
Marking Ethereum’s 10th anniversary on August 3, The Ether Machine acquired 15,000 ETH, followed by another 10,600 ETH purchase on Sunday. It now holds 345,362 ETH—worth nearly $1.5 billion—cementing its position as the third-largest corporate ETH holder.
Consolidation at the Top
Combined, the top 10 ETH treasury companies control 2.63 million ETH, worth approximately $11.3 billion and representing about 2.63% of Ethereum’s circulating supply.
Smaller Acquisitions Add to Momentum
Beyond the largest players, smaller strategic purchases also contributed to the week’s total inflows. Hong Kong-listed IVD Medical acquired HK$149 million (approximately $19 million) worth of ETH via HashKey exchange, though the precise amount of ETH purchased remains undisclosed.
As of now, SER data indicates that 64 corporate entities collectively hold 3.04 million ETH. With market sentiment strongly bullish and institutional adoption accelerating, corporate Ethereum treasuries could see further expansion if price momentum continues.
