#ETHCorporateReserves
🏢 Corporate Ethereum Reserves: Current Snapshot
Over 40 companies now hold at least 1,000 ETH (~$3.8M each at current prices) in their corporate treasuries .
Together, prominent entities such as SharpLink Gaming, BitMine Immersion Technologies, and The Ether Machine control roughly $8.84B in ETH .
Corporate-held ETH totals around 2.33 million ETH, representing about 1.93% of total circulating supply .
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🔝 Top Corporate Holders
Based on public disclosures and data from Strategic ETH Reserve:
SharpLink Gaming (SBET): ~360,800 ETH ($1.3B), with ~99% staked, generating yield via ETH staking .
BitMine Immersion Technologies (BMNR): $1.1B), currently the second-largest public corporate holder of ETH .
Coinbase Global (COIN): $500M) .
Bit Digital (BTBT): $444M), having pivoted from BTC to ETH holdings .
Other notable corporate/DAO or foundation holders include Golem Foundation, Gnosis DAO, the Ethereum Foundation (~244K ETH), Lido DAO, Frax Finance, and the U.S. Government (~60K ETH) .
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⚙️ Why Are Companies Holding ETH?
Yield-earning reserve asset: Unlike cash or gold, ETH can be staked to earn ongoing protocol rewards, providing corporate treasuries with a productive asset base .
Growth in institutional vehicles: New firms like The Ether Machine plan to list on Nasdaq with hundreds of thousands of ETH managed on their balance sheets (~400K ETH), signaling broader institutional access .
Diversification and inflation hedge: Corporations across sectors — from mining to fintech — are adopting ETH to diversify portfolios and hedge against inflation .
