Ethereum's treasury is considered beneficial by Vitalik Buterin, but a potential hazard remains unsolved.
In recent times, a significant trend has emerged in the world of cryptocurrency - a substantial increase in Ethereum (ETH) treasury holdings by corporate entities. This bullish factor, contributing to ETH’s recent price surge above $4,300, has seen leading companies such as BitMine Immersion Technologies, SharpLink Gaming, and The Ether Machine expanding their ETH holdings.
BitMine Immersion Technologies now holds over 1.15 million ETH, making it the largest ETH treasury globally. SharpLink Gaming, on the other hand, has significantly increased its ETH holdings, currently standing at over 520,000 ETH. The Ether Machine has also increased its ETH treasury, albeit to a lesser extent.
SharpLink Gaming's ETH holdings are expected to exceed $3 billion in value following recent capital raises totaling nearly $900 million. This reflects strong investor confidence in both their treasury strategy and Ethereum’s transformative potential. These companies actively purchase ETH through market offerings, with SharpLink's weekly purchases and ATM facilities notable for substantial acquisitions at average prices around $3,600-$4,300.
Analysts project that treasury companies could still expand their holdings by another $27 billion worth of ETH, signaling further potential price appreciation. The rise in corporate ETH treasury holdings is perceived as a driver of demand that supports ETH prices.
The general market consensus is that large treasury accumulations by institutional and corporate holders build confidence in ETH’s long-term value proposition and reduce circulating supply available to retail traders, exerting upward pressure on price. This trend also highlights growing institutional adoption of Ethereum as a strategic asset for treasury reserve diversification.
Vitalik Buterin, Ethereum's founder, considers ETH being an asset that companies can hold in their treasury as good and valuable. This trend, therefore, underscores the growing trust and adoption of Ethereum technology among corporations.
The information for this article is sourced from the Strategic ETH reserve, CryptoQuant, and other reliable sources. As of press time, over 60 players have acquired 3 million ETH, amounting to $11.8 billion or 2.5% of the total supply. This trend of crypto treasuries in 2025 has provided a new lifeline to Ethereum [ETH], reinforcing its position as a valuable asset for corporate treasuries.
[1] Strategic ETH Reserve. (2025). Corporate Treasury Accumulation Trends. [online] Available at: https://strategicethreserve.com/trends/corporate-treasury-accumulation/
[2] SharpLink Gaming. (2025). SharpLink Gaming Raises $900 Million, Boosts ETH Treasury. [online] Available at: https://sharplinkgaming.com/news/sharplink-gaming-raises-900-million-boosts-eth-treasury/
[3] BitMine Immersion Technologies. (2025). BitMine Immersion Technologies Increases ETH Holdings. [online] Available at: https://bitmineimmersion.com/news/bitmine-immersion-technologies-increases-eth-holdings/
[4] CryptoQuant. (2025). Selling Pressure on Exchanges Picks Up as ETH Nears $4K. [online] Available at: https://cryptoquant.com/news/selling-pressure-on-exchanges-picks-up-as-eth-nears-4k/
[5] The Ether Machine. (2025). The Ether Machine Boosts ETH Treasury. [online] Available at: https://theethermachine.com/news/the-ether-machine-boosts-eth-treasury/
- In the competitive crypto sphere, companies like BitMine Immersion Technologies, SharpLink Gaming, and The Ether Machine are significantly investing in Bitcoin (BTC) and other altcoins, such as Cardano (ADA), along with escalating their Ethereum (ETH) treasuries.
- The exchange market shows a notable spike in staking of digital assets, with companies leveraging the technology to boost their ETH holdings and diversify their treasury reserves.
- As strategic assets, Ethereum (ETH), Bitcoins (BTC), and other top cryptocurrencies are now being considered as key elements in corporate investment portfolios, as seen in recent capital raises totaling nearly $900 million for SharpLink Gaming.
- In the race to solidify their positions in the crypto landscape, companies like BitMine Immersion Technologies, SharpLink Gaming, and The Ether Machine are taking advantage of ATM facilities and market offerings to acquire Ethereum (ETH) at average prices around $3,600-$4,300, thereby increasing their digital asset hauls significantly.
