Companies Amass Over $10 Billion in Ethereum Treasuries
Main Idea
Corporate Ethereum treasuries have surpassed $10 billion in value, with 64 companies holding 2.26 million ETH, representing 2.26% of the total supply.
Key Points
1. The total value of corporate Ethereum treasuries has exceeded $10 billion, with 64 companies holding 2.26 million ETH.
2. Publicly traded Tech leads with 625,000 ETH valued at $2.2 billion, shifting focus from Bitcoin mining to ETH accumulation.
3. SharpLink Gaming holds 438,200 ETH worth $1.69 billion, while The Ether Machine has 334,800 ETH, placing third.
4. Bernstein analysts caution that staking models, though profitable, present liquidity risks and require balancing potential gains with technical risks.
Description
Corporate Ethereum treasuries have exceeded $10 billion, involving 64 companies. Bitmine Immersion Tech leads with 625,000 ETH, followed by SharpLink Gaming and The Ether Machine. Continue Reading: Companies Amass Over $10 Billion in Ethereum Treasuries The post Companies Amass Over $10 Billion in Ethereum Treasuries appeared first on COINTURK NEWS .
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