Corporate Ethereum reserves exceeded $10 billion

Corporate Ethereum reserves exceeded $10 billion

The news is being updated. The total value of the second largest cryptocurrency by market capitalization on company balances has reached $10.53 billion.

According to Strategic ETH Reserve, 65 companies hold 2.73 million ETH on their balances — 2.26% of the total supply of Ethereum.

The total volume of ETH reserves of companies. Source: Strategic ETH Reserve. The largest holder of Ethereum is Bitmine Immersion Tech. The "digital reserves" of the company linked to researcher Tom Lee from Fundstrat reached 625,000 ETH ($2.41 billion); over the last 30 days, the figure has increased by 283%.

Top 10 largest holders of Ethereum among corporations. Source: Strategic ETH Reserve.

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