Techub News reports, according to The Block, that SER data shows that as of Thursday, the total value of strategic Ethereum reserves held by 64 entities is $10.58 billion. These 64 entities include publicly traded companies, cryptocurrency exchanges, DeFi protocols, non-profit organizations, and federal governments.
Currently, the largest holder of Ethereum is Bitmine, which holds 625,000 Ethereum (worth approximately $2.42 billion), and its chairman Tom Lee previously stated that the company plans to acquire and stake 5% of the Ethereum token supply. The second largest is SharpLink Gaming, which holds 438,200 Ethereum, and The Ether Machine ranks third with a holding of 334,800 Ethereum.
