Strategic Ethereum Reserve Surpasses $10 Billion, Amid Rising Institutional Interest
The post Strategic Ethereum Reserve Surpasses $10 Billion, Amid Rising Institutional Interest appeared on BitcoinEthereumNews.com. The Strategic Ethereum Reserve, a rapidly expanding pool of ETH held by public companies, treasuries, decentralized autonomous organizations (DAOs), foundations, and other long-term entities, has officially surpassed $10 billion. This reflected a remarkable 50x growth in just four months. This rapid rise highlights a significant shift in institutional interest toward Ethereum, positioning it as a key asset in corporate and strategic portfolios. Ethereum Reserve Breaks $10 Billion – What’s Driving It? According to the latest data from the Strategic ETH Reserve website, in early April, the reserve only held $200 million, with the holdings expanding continuously. However, the trend accelerated as more and more public companies started to adopt Ethereum as a primary reserve asset. The reserve added over $7 billion in around one month. It rose from around $3 billion in late June to $10.5 billion today. Ethereum Holdings by Entities. Source: Strategic ETH Reserve The growth is due to major institutional investors continuing to buy Ethereum. For instance, BitMine Immersion Technologies’ acquisitions have boosted its reserves to 625,000 ETH, worth around $2.35 billion. The firm plans to hold 5% of all ETH over time. Moreover, SharpLink holds approximately 438,200 ETH, which is valued at $1.69 billion. The company has over $400 million in unrealized profits from its ETH holdings. Notably, a new entity has emerged to become the third-largest corporate ETH holder. On Ethereum’s 10th anniversary, The Ether Machine kicked off its ETH treasury strategy. The firm, formed through a yet-to-be-completed business combination between The Ether Reserve, LLC, and Dynamix Corporation, announced the acquisition of 15,000 ETH for $56.9 million through the former entity. This purchase brings the total ETH holdings to 334,757, trailing only BitMine and SharpLink. Meanwhile, other firms are also looking to increase their ETH exposure. BTCS Inc., a blockchain infrastructure tech company, has filed…
The post Strategic Ethereum Reserve Surpasses $10 Billion, Amid Rising Institutional Interest appeared on BitcoinEthereumNews.com.
The Strategic Ethereum Reserve, a rapidly expanding pool of ETH held by public companies, treasuries, decentralized autonomous organizations (DAOs), foundations, and other long-term entities, has officially surpassed $10 billion. This reflected a remarkable 50x growth in just four months. This rapid rise highlights a significant shift in institutional interest toward Ethereum, positioning it as a key asset in corporate and strategic portfolios. Ethereum Reserve Breaks $10 Billion – What’s Driving It? According to the latest data from the Strategic ETH Reserve website, in early April, the reserve only held $200 million, with the holdings expanding continuously. However, the trend accelerated as more and more public companies started to adopt Ethereum as a primary reserve asset. The reserve added over $7 billion in around one month. It rose from around $3 billion in late June to $10.5 billion today. Ethereum Holdings by Entities. Source: Strategic ETH Reserve The growth is due to major institutional investors continuing to buy Ethereum. For instance, BitMine Immersion Technologies’ acquisitions have boosted its reserves to 625,000 ETH, worth around $2.35 billion. The firm plans to hold 5% of all ETH over time. Moreover, SharpLink holds approximately 438,200 ETH, which is valued at $1.69 billion. The company has over $400 million in unrealized profits from its ETH holdings. Notably, a new entity has emerged to become the third-largest corporate ETH holder. On Ethereum’s 10th anniversary, The Ether Machine kicked off its ETH treasury strategy. The firm, formed through a yet-to-be-completed business combination between The Ether Reserve, LLC, and Dynamix Corporation, announced the acquisition of 15,000 ETH for $56.9 million through the former entity. This purchase brings the total ETH holdings to 334,757, trailing only BitMine and SharpLink. Meanwhile, other firms are also looking to increase their ETH exposure. BTCS Inc., a blockchain infrastructure tech company, has filed…
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