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Key Takeaways:
- Corporate ETH treasuries have acquired over $1.6 billion in the past month.
- SharpLink and BitMine lead the accumulation surge with massive ETH holdings.
- Institutional ETH funds posted $990M in inflows this week, signaling strong market momentum.
The corporate accumulation of Ethereum (ETH) is accelerating, with more than $1.6 billion worth of ETH purchased by treasury-focused firms in the past month. As Ethereum’s price rallies and institutional interest surges, several major players are aggressively expanding their ETH reserves.
545,000 ETH Acquired in 30 Days by Treasury-Focused Firms
According to recent announcements, over 545,000 ETH has been added to corporate treasuries within 30 days. This rapid accumulation underscores a growing conviction in Ethereum as a strategic asset.
On Monday, BitMine Immersion Technologies, chaired by Fundstrat’s Tom Lee, revealed its ETH holdings now total 163,142 ETH, valued at roughly $480 million. Lee compared this to MicroStrategy’s aggressive Bitcoin play, stating that Ethereum-focused firms accumulating 5% of ETH’s total supply could enjoy a similar “Wall Street put” effect — where institutional safety nets support price momentum.
SharpLink Becomes Ethereum’s Top Corporate Holder
Leading the charge is SharpLink, founded by Ethereum co-founder Joseph Lubin. The company made three major ETH acquisitions this month — 10,000 ETH (July 11), 16,370 ETH (July 13), and 24,371 ETH ($73.2 million on July 15) — bringing its total to over 255,000 ETH.
🚨🚨🚨 $SBET / @SharpLinkGaming acquires another 24,371 $ETH for $73.21M. 👀 pic.twitter.com/eZnCdAeUYn
— maxxTFSA (@maxxTFSA) July 14, 2025
Lubin, in a tongue-in-cheek remark, dubbed himself the “self-appointed representative of The League of Extraordinary ETH Accumulator Gentlemen,” praising BitMine and others for ramping up their ETH treasuries.
As a self-appointed representative of The League of Extraordinary ETH Accumulator Gentlemen, I tip my hat to Tom and $BMNR on this fine acquisition.
— Joseph Lubin (@ethereumJoseph) July 14, 2025
Keep the vacuum set to highest pile deep plush. https://t.co/Gc7JcsZfHd
Expanding List of Ethereum Treasury Companies
Beyond SharpLink and BitMine, more firms are making notable moves:
- Bit Digital holds over 100,000 ETH.
- BTCS raised $62.4 million to increase its ETH to 29,122 ETH.
- GameSquare revealed a $100 million ETH treasury plan on July 8.
These additions suggest a rising trend of public and private firms treating Ethereum as a core balance sheet asset.
Ethereum’s growing appeal isn’t limited to corporate treasuries. ETH-based investment products have recorded $990 million in inflows over the past week alone — the fourth-largest weekly total ever, according to CoinShares.
Also Read: Ethereum Announces Native zkEVM Upgrade for Layer 1 as ETH Price Tops $3,000
In total, Ethereum fund inflows for 2024 have topped $4 billion, with nearly 30% of that entering in just the last two weeks. CoinShares noted Ethereum now accounts for 19.5% of global crypto fund AUM, outpacing Bitcoin’s 9.8%.
As Ethereum’s price flirts with the $3,000 level and institutional interest explodes, it’s clear the network’s value proposition is expanding beyond DeFi and NFTs — into corporate balance sheets and fund portfolios.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
