Nearly 1% of Ethereum supply held by major institutions as strategic reserves

Recent data reveals that approximately 1,167,712 ETH (worth nearly $2.96 billion) is currently held as strategic reserves by major institutions and companies, representing 0.9674% of Ethereum’s total circulating supply (around 120.8 million ETH).

The top five strategic holders are:

Ethereum Foundation: 259,430 ETH

SharpLink Gaming (NASDAQ: SBET): 176,271 ETH

PulseChain Sac: 166,303 ETH

Coinbase: 137,334 ETH

Golem Foundation: 101,079 ETH

Together, these five entities hold over 840,000 ETH — more than 72% of all strategically held Ethereum.

This level of concentration reflects strong institutional confidence in Ethereum’s long-term value and its growing role in institutional portfolios.