Key Takeaways

Corporate Ether treasuries climbed to 3.04M ETH (worth $13B) as ETH surged past $4,300.

BitMine leads with 833,100 ETH — up 410.68% in the past 30 days — now worth $3.58B.

SharpLink Gaming boosted holdings by 141.69% to 521,900 ETH, worth $2.23B, with $671M in unrealized gains.

The Ether Machine added 25,600 ETH in August, reaching 345,362 ETH worth nearly $1.5B.

Top 10 corporate holders control 2.63M ETH — about 2.63% of total supply — valued at $11.3B.

Corporate Demand Fuels ETH Rally

Corporate Ether holdings soared to $13 billion this week as ETH’s price broke the $4,300 mark, according to Strategic ETH Reserve (SER). The total 3.04 million ETH held by companies represents a sharp increase over the past month, with some firms ramping up their holdings by triple digits.

On Monday, ETH hit $4,332, gaining 20.4% over the past seven days before pulling back slightly to $4,290 at press time.

BitMine Becomes First $3B+ ETH Holder

BitMine Immersion Technologies emerged as the largest ETH corporate holder, growing its treasury by 410.68% in the last 30 days to 833,100 ETH. That holding, worth $3.58B at current prices, marks the first time a company has crossed the $3B ETH threshold.

SharpLink Gaming now holds 521,900 ETH — up 141.69% — after purchasing 83,562 ETH last week. Its holdings, worth $2.23B, include $671M in unrealized gains, SER data shows.

Ether Machine Marks Ethereum’s 10th Anniversary With Buys

The Ether Machine expanded its treasury to 345,362 ETH after buying 15,000 ETH on Aug. 3 and an additional 10,600 ETH on Aug. 10. Its holdings are valued at nearly $1.5B.

Wider Corporate Participation

While the top three entities dominate corporate ETH reserves, other firms are also adding exposure. On Friday, Hong Kong-listed IVD Medical purchased HK$149M (~$19M) in ETH via HashKey Exchange.

Overall, the top 10 ETH treasury holders now control 2.63% of ETH’s circulating supply, with combined holdings worth $11.3B.

The surge in corporate ETH accumulation, led by major players like BitMine and SharpLink, underscores growing institutional confidence ahead of Ethereum’s next potential price milestone of $4,500–$4,800. If corporate buying momentum continues, analysts expect upward pressure on supply that could accelerate ETH’s climb toward all-time highs.