The corporate sector is actively building Ethereum reserves, accumulating over 4 million $ETH , equivalent to $17.6 billion at the current rate. According to Strategic ETH Reserve, 65 companies own 2.73 million ETH, representing 2.26% of the total coin supply. The leader is Bitmine Immersion Tech, which holds 625,000 ETH ($2.41 billion), while SharpLink Gaming, associated with Joe Lubin, has accumulated 449,276 ETH ($1.73 billion).
Interest in Ethereum is driven by its role in DeFi and smart contracts, as well as the opportunity for staking, which provides stable income. For example, SharpLink earned 567 ETH just from staking. ETF funds are also actively investing, holding 5.88 million ETH ($22.71 billion). However, experts warn: companies that accumulate ETH through loans risk exposure to market volatility.
Despite the recent drop in the price of ETH to $4,200, activity on the network remains high — 680,000 active wallets per day. Corporations see Ethereum as 'digital oil', which underpins long-term demand. Stay updated on crypto market news and join #MiningUpdates