Is Ethereum the next treasury asset trend?
The post Is Ethereum the next treasury asset trend? appeared on BitcoinEthereumNews.com. Ethereum (ETH) rallied to a five-month high, breaking above $3,600 on track to recover a higher price range. As the coin enters an official bull market, corporate buyers are once again in the spotlight for their approach to holding ETH for the long term. Ethereum treasury companies appeared first during the period of slow accumulation, while ETH was still hovering under $2,800. The ETH treasury announcements also broke the pattern of BTC treasury companies, tapping an asset with an even bigger upside potential. ETH treasuries may also open the door to accumulating other altcoins, reviving assets from older cycles and exposing them to the liquidity of the traditional market. ETH treasuries spark honeymoon period for company stock As with the inflow of BTC treasuries, companies accumulating ETH saw their stocks revive and rally. Some of the growth is based on expectations for the appreciation of the treasuries. The stocks also offer indirect exposure to ETH, creating a flywheel to peak valuations. However, ETH treasury companies remain more volatile. Bitmine Immersion Technologies, Inc. (BMNR) rallied to over $135 soon after the treasury announcement, then slid to $41.90, consolidating at a lower baseline. SharpLink Gaming (SBET) went through another leg of expansion, recovering to $36.40 after a recent dip. SharpLink Gaming (SBET) had a secondary recovery as ETH broke to a higher price range. | Source: Google Finance. The success of the company stock led to a reevaluation of its raise program. SharpLink issued an amendment to its SEC filing, announcing a $6B ATM program for common stock, up from its previous $1B intended raise. BitDigital (BTBT) is another top performer in 2025, recently recovering to $4.01, its highest yearly level. During the latest BTC rally, the top ETH companies seem to be having a second wind, rising in expectation of an…
The post Is Ethereum the next treasury asset trend? appeared on BitcoinEthereumNews.com.
Ethereum (ETH) rallied to a five-month high, breaking above $3,600 on track to recover a higher price range. As the coin enters an official bull market, corporate buyers are once again in the spotlight for their approach to holding ETH for the long term. Ethereum treasury companies appeared first during the period of slow accumulation, while ETH was still hovering under $2,800. The ETH treasury announcements also broke the pattern of BTC treasury companies, tapping an asset with an even bigger upside potential. ETH treasuries may also open the door to accumulating other altcoins, reviving assets from older cycles and exposing them to the liquidity of the traditional market. ETH treasuries spark honeymoon period for company stock As with the inflow of BTC treasuries, companies accumulating ETH saw their stocks revive and rally. Some of the growth is based on expectations for the appreciation of the treasuries. The stocks also offer indirect exposure to ETH, creating a flywheel to peak valuations. However, ETH treasury companies remain more volatile. Bitmine Immersion Technologies, Inc. (BMNR) rallied to over $135 soon after the treasury announcement, then slid to $41.90, consolidating at a lower baseline. SharpLink Gaming (SBET) went through another leg of expansion, recovering to $36.40 after a recent dip. SharpLink Gaming (SBET) had a secondary recovery as ETH broke to a higher price range. | Source: Google Finance. The success of the company stock led to a reevaluation of its raise program. SharpLink issued an amendment to its SEC filing, announcing a $6B ATM program for common stock, up from its previous $1B intended raise. BitDigital (BTBT) is another top performer in 2025, recently recovering to $4.01, its highest yearly level. During the latest BTC rally, the top ETH companies seem to be having a second wind, rising in expectation of an…
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