Ethereum holdings among corporate treasuries have exceeded 4.1 million ETH, valued at roughly $17.6 billion, according to the latest data from StrategicETHReerve. This accounts for about 3.4% of the total ETH supply, spread among 69 entities.
The largest position holder is BitMine Immersion, which has been aggressively accumulating since launching an ETH-focused treasury strategy in July. The Nevada-based company, which held only $500 million worth of ETH just over a month ago, has grown its stash to 1.52 million ETH, valued at $6.6 billion, as previously reported
The largest position holder is BitMine Immersion, which has been aggressively accumulating since launching an ETH-focused treasury strategy in July. The Nevada-based company, which held only $500 million worth of ETH just over a month ago, has grown its stash to 1.52 million ETH, valued at $6.6 billion, as previously reported