#ETHCorporateReserves #ETHCorporateReserves — exploring which companies hold ETH in their treasuries, why they’re doing it, and what it means for institutional adoption:

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🏢 Who Holds Ethereum on Their Balance Sheets?

As of July 2025, dozens of publicly traded companies have shifted significant portions of their treasury reserves into ETH:

SharpLink Gaming leads the pack with around 360,800 ETH, (~$1.33 billion), staking over 95% of it for yield .

BitMine Immersion Technologies follows closely with approximately 300,657–566,776 ETH (~$1.1–2.17 billion), targeting up to 5% of the total supply .

Coinbase Global holds about 137,300 ETH (~$526 million), ranking among the top three publicly traded ETH treasuries .

Other notable public firms in the strategy include Bit Digital (holding 100,000–120,000 ETH), BTCS with about 70,000 ETH, and GameSquare/Holdings strengthening their positions .

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💰 Scale of Corporate ETH Holdings

Revenue Value: The total corporate ETH treasury now stands at 2.73 million ETH, worth over $10 billion, across approximately 64 companies .

Recent Accumulation: In the past month alone, corporate buyers added around 545,000 ETH (~$1.6 billion), pushing strategic ETH reserves past $6–9 billion depending on measurement scope .

Institutional Impact: Regulatory momentum, staking rewards, and involvement in blockchain infrastructure are driving companies to treat ETH as a strategic treasury asset rather than just a speculative holding .