Corporate ETH Holdings Top $10 Billion As Ethereum Marks 10th Birthday
Corporate ETH holdings have surpassed $10 billion as Ethereum celebrates its 10th birthday, reflecting growing institutional confidence in the leading altcoin. Data from StrategicETHReserve shows that 64 companies currently hold approximately 2.73 million ETH, valued at about $10.58 billion at current prices. This represents 2.26% of Ethereum’s total supply. The top corporate holders include Bitmine Immersion Technologies, SharpLink Gaming, and The Ether Machine. The latter recently marked Ethereum’s anniversary with a $56.9 million purchase of 15,000 ETH, pushing its total holdings to 334,757 ETH, surpassing the Ethereum Foundation. “We couldn’t imagine a better way to commemorate Ethereum’s 10th birthday than by deepening our commitment to ether,’’ said The Ether Machine co-founder Andrew Keys in July 30 statement. “We are just getting started.” The Ether Machine’s ETH Holdings Surpass Ethereum Foundation The firm boug...