#ETHCorporateReserves Corporate Ethereum reserves have surpassed $10 billion, with 65 companies holding approximately 2.73 million ETH, worth around $10.53 billion. This represents about 2.26% of the total Ethereum supply. Here are some key points about corporate Ethereum reserves ¹ ²:
- *Top Holders:*
- *Bitmine Immersion Tech*: 625,000 ETH ($2.41 billion), up 283% in the last 30 days
- *SharpLink Gaming*: 449,276 ETH ($1.73 billion), with chairman Joe Lubin, one of the co-founders of Ethereum
- *The Ether Machine*: 334,757 ETH, recently acquired 15,000 ETH worth $56.9 million
- *Growth Drivers:*
- *Institutional Adoption*: Corporate interest in Ethereum reflects Bitcoin reserve strategies, with the added benefit of generating operational yield through staking
- *Ethereum Spot ETF*: Attracting $6.7 billion in the first half of this year, now managing $20.7 billion in assets under management
- *Stablecoin Issuance and Tokenization*: Ethereum's position as foundational financial blockchain infrastructure is expected to strengthen
- *Risks and Challenges:*
- *Liquidity Risks*: Staking participation limits fund withdrawals due to exit queues and smart contract vulnerabilities
- *Aggressive Strategies*: Restaking through EigenLayer or similar protocols increases risks
