Recently, Ethereum (ETH) has been gaining attention from institutional investors, drawing interest similarly to Bitcoin (BTC). Several companies have begun to actively increase their ETH holdings.
BTCS Plans to Increase Ethereum Holdings
The blockchain company BTCS has announced a plan to raise $100 million to purchase additional Ethereum. The company's current holdings amount to 14,600 ETH. In their post on X, BTCS stated: "To accumulate more Ethereum, we plan to raise $100 million this year through convertible bonds, at-the-market (ATM) stock offerings, and staking rewards. With this plan, we aim to increase the amount of Ethereum held per share, thereby increasing shareholder value."
Bit Digital Shifts Focus to Ethereum
Bit Digital recently made the decision to fully migrate its institutional investments from Bitcoin to Ethereum. The company's CEO noted that they believe the future is with Ethereum. He emphasized, "Ethereum is the next wave. With real economic activity, a massive developer base, and growing stablecoin and tokenization volume, ETH is becoming a new type of strategic asset that captures value."
Why is Ethereum Becoming a Strategic Asset?
Experts predict that companies will increasingly turn to Ethereum due to its programmable blockchain structure, rising adoption rate, staking model, and leadership in stablecoins and tokenization. Ethereum founder Vitalik Buterin also noted that institutions find ETH valuable not only for its speed but for its reliability, privacy, and long-term trust.
Thus, institutional investments in Ethereum continue to grow, underscoring its significance as a strategic asset in modern financial systems. The increasing interest from companies may have a significant impact on the market in the future.
