Ethereum at 10: The top corporate ETH holders as Wall Street eyes crypto
On Ethereum's 10th anniversary, institutional acceptance of Ether as a treasury asset is growing. Launched on July 30, 2015, Ethereum has introduced smart contracts and has maintained consistent uptime over the decade. Cointelegraph highlighted the five largest corporate holders of Ether, emphasizing its increasing role as a strategic reserve. Leading is BitMine Immersion Technologies, holding 625,000 ETH, followed by Sharplink with 438,190 ETH. Other notable holders are Bit Digital with 100,603 ETH, BTCS Inc. at 70,028 ETH, and GameSquare Holdings with 12,913 ETH. Experts, including Bitget's CEO, suggest that institutional investors view Ethereum as the next significant digital reserve asset, similar to Bitcoin. Recent reports indicate that Ether treasury acquisitions have surged, potentially allowing ETH-focused treasury firms to possess up to 10% of the total supply in the long run. Continued institutional investment could push Ether prices above $4,000, according to Standard Chartered.
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