$BNB

This growing trend may help explain the upward push on ETH prices, not only through interest in Ether Exchange-Traded Funds (ETFs) but also through demand from companies. With that in mind, we have compiled a list of companies that are now loading up on ETH - making a page from Michael Saylor's Bitcoin Playbook. Currently, one of the largest holders of ETH is a publicly traded company that got into Bitcoin and jumped into accumulating ETH earlier this year. As of July 17, 2025, Bitmine (NYSE: BMNR) revealed that it holds 300,657 ETH - with 60,000 of those chosen through options backed by $200 million in cash, while the remainder sits directly on its books. By July 20, the company's ETH holdings were valued at $1.12 billion. Close behind is Sharplink Gaming (NASDAQ: SBET), which holds approximately 280,706 ETH, according to its latest filing. With Fresh Capital recently secured, Sharplink looks to grow this stash even further.