Ethereum treasury companies now control over 4% of the total ETH supply, surpassing Bitcoin's 3.6% and Solana's 2.7% in corporate holdings. This marks a significant shift in institutional interest towards Ethereum, largely driven by opportunities in decentralized finance (DeFi) and strategic acquisitions. Notably, entities such as BitMine have increased their ETH allocations by 25% in the past month. Currently, Ethereum treasuries hold 6.06 million ETH across 70 entities, highlighting the growing confidence in Ethereum's potential.
Ethereum Treasuries Exceed Bitcoin and Solana in Holdings
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