Ether Treasuries Climb to $13B as Prices Break $4,300
Corporate Ether holdings have surged to $13 billion, with a total of 3.04 million ETH as prices broke the $4,300 mark. This increase was spearheaded by BitMine, SharpLink, and The Ether Machine. Over the past 30 days, BitMine’s ETH holdings rose by 410.68% to 833,100 ETH, SharpLink’s increased by 141.69% to 521,900 ETH, and The Ether Machine’s grew by 8.01% to 345,400 ETH. Together, these firms account for more than half of the ETH held by the top 10 treasury companies, which hold a combined 2.63 million ETH. The value of BitMine's holdings alone has climbed to over $3.58 billion. SharpLink's increase has resulted in unrealized gains of over $671 million. The overall price surge over the past week contributed significantly to the rising values of corporate ETH holdings, as noted by the Strategic ETH Reserve, which tracks these figures. Additionally, smaller companies have also made notable purchases amidst this rally.
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