Recent data indicates that the volume of Ethereum held in treasury assets has exceeded $10 billion. This has been facilitated by active purchases from public companies.
ETH Treasury Holdings
According to Strategic ETH Reserve, 64 entities now hold 2.73 million ETH worth $10.49 billion. While this accounts for only 2.27% of the total ETH supply, recent public company purchases have significantly influenced the overall reserve.
Leading ETH Holding Companies
Three publicly traded companies represent a large portion of Ether treasury assets. Bitmine Immersion Tech ranks first with 625,000 ETH, followed by Sharplink Gaming with 438,200 ETH and The Ether Machine with 334,800 ETH. Bitmine continues to accumulate ETH, with plans to increase its holdings to 5% of the total supply.
Current ETH Price and Dynamics
The price of Ethereum has fluctuated in recent days. According to CoinMarketCap data, ETH was trading at $3,877 before declining to $3,774. Although expectations for an increase to $4,000 haven't been met, network activity remains high with over 680,000 active wallets in one day.
In conclusion, the growth of Ethereum treasury assets and public company engagement reflect significant interest in ETH, despite recent price fluctuations.
