Amid rising interest in cryptocurrencies, companies are beginning to utilize Ether not just as an asset but as a balance sheet strategy, leveraging staking for income generation.
Growth of Interest in Ether among Companies
As of mid-2025, many companies have started to view Ether as a primary reserve asset, replacing traditional cash holdings and Bitcoin. Instead of just acquiring ETH, firms are actively employing staking and restaking to generate income. This opens up new opportunities for traditional investors to gain ETH exposure through equities without the need for self-custody.
Top 7 Companies with Corporate Ether Reserves
Currently, the seven largest firms holding significant ETH reserves are:
1. **BitMine Immersion** (NYSE: BMNR) - 1,523,373 ETH. 2. **SharpLink Gaming** (Nasdaq: SBET) - 740,760 ETH. 3. **Coinbase** (Nasdaq: COIN) - 136,782 ETH for investment and 11,195 ETH for operations. 4. **Bit Digital** (Nasdaq: BTBT) - 120,306 ETH. 5. **ETHZilla** (Nasdaq: ETHZ) - 94,675 ETH. 6. **BTCS** (Nasdaq: BTCS) - 70,140 ETH. 7. **Fundamental Global/FG Nexus** (Nasdaq: FGNX) - 47,331 ETH.
Impact of Corporate Ether Reserves on the Market
Corporate Ether reserves significantly influence the market. Large purchases by companies reduce the circulating supply of ETH, which can exert upward pressure on prices. Furthermore, the presence of firms using ETH as a reserve asset strengthens decentralization and network security by operating validators. This instills long-term investor confidence in ETH as a stable asset.
The shift to Ether as a primary treasury asset in the corporate sector is an important trend that could impact both ETH prices and the overall stability of the Ethereum network.